Partner promotions are down by a third this year at Linklaters, as the big City firms continue to bear the brunt of a decline in transactional activity.

The magic circle firm this week announced the election of 27 new partners globally, including 14 in London. Last year Linklaters made up 41 new partners, including 16 in the UK. Linklaters said it had again met its annual 40% target for female partner elections and its 15% target for under-represented minority ethnic partners (UK and US).

Elsewhere, national law firm TLT has promoted five to partner, down from 10 in 2023.  European firm Fieldfisher, however, has bucked the trend - electing 10 new partners, up from eight in 2023. 

TLT recently achieved 33% female partner representation and announced a new target to achieve 50% of women in partner roles by 2029.  At Fieldfisher, for the third consecutive year at least 50% of new partners are women, the firm said.

Linklaters

Linklaters: 14 new partners in London

Linklaters’ new UK partners

PartnerAreaOffice

Max Krasner

Banking

London

Dan Peach

Banking

London

Leanne Banfield

Capital markets

London

Shilpa Bhandarkar

Client solutions & AI

London

Subir Rajadhyaksha

Energy & infrastructure

London

Benjamin Jennings

Investment funds

London

David Thomas

Litigation, arbitration & investigations

London

Rupert Cheyne

Mainstream corporate

London

Katharine Collard

Mainstream corporate

London

Alistair Fraser

Mainstream corporate

London

Namrata Shah

Mainstream corporate

London

Emma Simpson

Mainstream corporate

London

Ben Suen

Mainstream corporate

London

Alexei Franks

Tax

London

 

TLT has made up financial services disputes and investigations lawyer Roisin Bell; restructuring and insolvency lawyer Ainslie Benzie; head of trusts and estates Debbie Gale; Rachel Smith, property adviser to financial services clients; and planning and environment lawyer Debbie Reynolds.  

The new partners at Fieldfisher are: Alice Vink  (London, Private Client); Anna Crosby  (London, Banking & Finance);  Helen Thompson  (London, Clinical Negligence); Jamie Mangan  (London, Real Estate); Natalie Farmer  (Silicon Valley, Technology & Data); Nathan Capone  (London, Dispute Resolution); Simon Lafferty  (London, Financial Markets & Products); Jonathan Moore  (Dublin, Public & Regulatory); Shaheen Mosquera  (London, Industrial Disease); and Robin Tubbs  (London, Court of Protection).