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Slaughter and May has made up seven associates to partner in this year’s promotions round – the highest number of promotions in more than six years.
All seven promotions are based in Slaughters’ London office, and will take effect from 1 May 2014.
In both 2012 and 2013 the firm made up two associates to partner. Last year, these boosted the firm’s London disputes and competition teams (21 March 2013). In 2012, they featured one City-based finance partner, and a disputes associate in Hong Kong (30 March 2012).
This year, the firm’s competition group is to welcome two new partners, Jordan Ellison and Anna Lyle-Smythe. Another five practice streams will add one new partner apiece – Jonathan Clark in dispute resolution, Susannah Macknay in corporate, Azadeh Nassiri in financing, Dominic Robertson in tax and Tom Vickers in the firm’s restructuring group.
Since January, the firm also added three new partners to its Hong Kong base. One took the form of the firm’s first-ever lateral partner hire, Morrison & Foerster’s co-head of China capital markets John Moore (24 January 2014). The firm also made up two associates to partner – corporate specialist Clara Choi and competition practice member Natalie Yeung.
Slaughters’ practice partner Paul Olney said the large number is based on “the outstandingly talented group of senior associates ready for promotion this year”.
On the high proportion of competition associates made up, he added: “Competition has been very busy, and also has strong prospects for the future.”
Macknay marks the firm’s first City corporate partner promotion since 2011, when Slaughters moved three corporate specialists and a finance associate up the ranks.
The addition of Macknay, Smythe and Nassiri will also mean that 20 per cent of the firm’s partners are female for the first time in its history.
Following this latest promotions round, Slaughters will have 119 partners. A total of 105 of these will be based in London, with a further 14 overseas.
The high number of partner promotions at Slaughters goes some way to plug the hole left by partner retirements from the firm. In 2013, it saw the retirement of 10 senior partners including former executive partner Graham White and financial regulation head Ruth Fox (24 January 2014).