London Law Firm Leaders Taking a Hard Line on Partner Promotions

May 26, 2008 Partner promotions across the top 10 London firms fell by 10 percent over the last financial year, according to Legal Week research, which suggests that law firms are already tightening their belts in preparation for a downturn. At Linklaters new partner numbers fell from 38 last year to 28 this year, while promotions at Lovells fell from last year's record tally of 31 to 18. Similarly, SJ Berwin's new partner promotions halved from 16 in 2007 to eight...

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