Denton Wilde Sapte is set to rebuild its partnership with 26 promotions after losing almost of fifth of its partners over the last two years.
TMT, which notoriously lost 11 partners in one fell swoop to DLA Piper Rudnick Gray Cary in 2004, did not make up any lawyers having promoted three during the past financial year.
Seven partners were added in banking and finance, traditionally a strong department for promotions, with at least one a year for the past three years.
Corporate also made up new partners with four lawyers promoted, reflecting the firm’s plan to double the size and turnover of its corporate group over the next five years as revealed in The Lawyer (17 April).
Real estate was another strong performer with four promotions while energy and infrastructure and employment and pensions made up two partners each. One lawyer was promoted in dispute resolution.
The aforementioned 20 promotions were in London and the firm’s international network gaining the remaining six. Russia and Oman promoted two lawyers each while Egypt and France made up one each.