White & Case has re-focused on the city in its latest partnership sponsorship round after largely overlooking London in an unusual move for the company last year.
The firm announced today (October 9) that as of January 2021, nine lawyers in the city will be minted as part of a broader 40-person promotion round. The number in London is a sharp increase from last year when only three lawyers in the city were selected, with other jurisdictions taking precedence.
“What really matters is the long-term number, and we’re continuing to grow and build in London,” Executive Committee member Oliver Brettle (pictured) told Legal Business. “Our goal is always to continue promoting the best in partnership, and we have.”
It was finance and M&A that got the lion’s share of this year’s round in London. Deji Adegoke was promoted to the company’s global project development and finance practice alongside Kamran Ahmad. Nicola Chapman has been named a global debt finance partner. Margot Lindsay has been promoted to partner in the company’s M&A practice alongside James Pullen. and Morvyn Radlow becomes a partner in the firm’s global financial restructuring and bankruptcy practice.
The firm also promoted Nicole Vella to their global M&A practice and Jenna Rennie and Swati Tripathi to their global trade dispute practice in London.
Including the youngest cohort, White & Case has selected 39 London lawyers as partners since early 2017 and hired 25 strategic lateral partners over the same period. Over the past five years the number of partners in London has increased by almost 50% from 80 to 118. 12 new partners were founded in the USA, five in Germany, four in Paris and two in Cairo.
Regarding the company’s greater hopes for the year, Melissa Butler, Executive Partner in London, told Legal Business, “Obviously, the waters are very troubled. The only certainty right now is uncertainty as the past few years have been dominated by Brexit and now Covid. We are now trying to close the year and our strategy for 2020 in a strong way and to use this for the future. ‘
The law firm also recently announced their new statutory salaries for the city, which have increased across the board. First year trainees can now expect a salary of £ 50,000, rising to £ 55,000 in their second years, an increase of £ 48,000 and £ 53,000 respectively. Meanwhile, the company’s NQ salary has seen a substantial increase from £ 105,000 to £ 130,000. That number will climb to £ 137,500 per year after qualifying before climbing back to £ 150,000.