Welcome to the latest round-up of lateral partner moves in the London legal market from Edwards Gibson where we look back at partner-level recruitment activity in the last two months and give you a ‘who’s moved where’ update for London.
We have seen a drop-off in the number of lateral hires announced in May-June 2013, 30% fewer than for the same period last year. Is this a sign that partnership approval committees have a case of indigestion? It is certainly an indicator that far more attention is being paid to the numbers and that the pure “skill set” hire is less common than it was at this time last year.
Corporate (particularly in private equity) remains a buoyant area and there has been a good deal of activity in finance (especially restructuring) as well as intellectual property related areas.
The US firms continue to make plays to grow their London energy offerings, with a trio of partner hires at Bracewell & Giuliani and Andrews Kurth adding their first UK-qualified partner to their City office. The energy bubble is yet to burst.
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