The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Macfarlanes is to promote an unprecedented six lawyers to the partnership this year, the largest single group in its history.
The highly profitable London firm - it was second only to Slaughter and May in last year's The Lawyer UK 100 Annual Report - has just 63 partners, so when the appointments take effect on 1 May, the partnership will grow by almost 10 per cent.
In another first, the six include Paul Davies, a former environmental head of legal for Schlumberger's Eastern Hemisphere Operations, who will become Macfarlanes' first environmental law partner. It is understood that a blue chip organisation appointed Macfarlanes to its environmental law panel last year.
Senior partner Robert Sutton said: "We just had an exceptional generation and if you're an excellent person here, you'll become a partner, if you're not, you won't."
Sutton conceded that there was also a very good business case for expanding the firm in commercial, environmental, private client, and private equity/corporate - the four areas where the partners were made up.
Other than Davies, the partners all started at Macfarlanes as trainees, reinforcing the firm's cult-like image.
The private client department, which gains three new partners, also has a new head, Jonathan Conder, who replaces incumbent John Rhodes.
Conder said: "This 50 per cent increase in the number of private client partners reflects consistent growth in the quality and quantity of the client base."