Wragges favours real estate in promotions round

Wragge & Co has appointed nine new partners in its latest round of promotions with the majority being made up in the firm’s real estate team.

Real estate lawyers Toby Askin, Paul Green, Karen Howard and Jonathon Wilkes are all to be promoted, encompassing expertise in planning, construction, investment and development.

While the real estate investment market is facing rocky times, senior partner Quentin Poole said the firm’s growth of senior expertise in this area is indicative of the fact that Wragges is focusing on its “long-term future rather than making short-term cutbacks”.

“Almost every decision we make is driven by the long term. The fact that we only have equity partners is reflective of this,” he added.

Poole said that, despite the ongoing credit crunch, the timing of investment-related promotions is likely to prove positive for the firm given the amount of interest in distressed assets.

Other lawyers to be promoted were Alexandra Brodie and Luke Kempton in IP, Richard Lee in employment/human resources, Greg Standing in finance litigation and Sharon Ayres in corporate.

A third of appointments to the all-equity partnership are women.

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