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The new partners will be a combination of both equity and non-equity, although the firm is not disclosing the exact split publicly. Those in the non-equity tier are the first new partners to be elected into it internally since the position was created in June 2006.
By office, jurisdictions that have been a focus of the firmwide £40m restructuring undertaken in the last 18 months did well out of the promotions. The Paris office netted four new partners. Asia was also notable, with four promotions overall. Tokyo, which is entering a new phase of focus by the firm with the relocation of corporate partner James Wood (see today's copy of The Lawyer), scored its first promotion in more than four years in the shape of corporate partner Junzaburo Kiuchi.
But London still netted the most promotions overall with five new partners. London also scored well in the recent sector head rejig, with seven of the 21 sector heads being London corporate partners (The Lawyer, 12 February).
Unsurprisingly, the corporate department made the most gains of any practice area, scoring nine new partners. In 2006 that number was only six. But whereas in 2006 that number represented 54.5 per cent of the promotions, this year they were spread more evenly, with the corporate team partnerships representing 40.9 per cent of all promotions.
Finance also did well with five new partners. Despite the firm's protestations that projects is still an integral part of the firm, there was no mention of this area, as was the case last year.
Women did not do well in this round, with just 13.6 per cent of the promotions going to females.
The boosting of the number of promotions is a boon to the magic circle firm's ranks of associates, who are the subject of an engagement programme designed to improve communication with Freshfields' junior partners, as first reported by The Lawyer (22 March). This included an away-day on 23 March to voice associate concerns.
The full list of new partners:
Corporate Jonathan Baird, London Heiner Braun, Frankfurt David Franco, Madrid Stuart Grider, London Konrad Gröller, Vienna Mikhail Irzhevsky, Moscow Junzaburo Kiuchi, Tokyo Alan Wang, Shanghai Jack Wang, Shanghai
Dispute Resolution Georgios Petrochilos, Paris Bea Tormey, London Peter Yuen, Hong Kong
Employment, pensions and benefits Gwen Senlanne, Paris
Finance Emiliano Conio, Milan Adam Gallagher, London Fabrice Grillo, Paris Amir Jahanguiri, Paris Paul Ng, Hong Kong
Real estate Christoph Brenzinger, Düsseldorf
Tax Helen Buchanan, London Ulf Johannemann, Frankfurt Norbert Schneider, Cologne