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Magic Circle Partner Promotions - Gender stats

9th 04 2019

 Magic circle firm Allen & Overy recently announced its global partner promotion round. There were 34 promotions and of these there existed eight females (24%).
 
Of the eight promoted, four of these reside in London. 14 city lawyers have also been given approval to become partner. These promotions saw five made up in banking, four in corporate, two in international capital markets (ICM) and two in litigation.

Shruti Ajitsaria, the head of its tech innovation space Fuse, was promoted to partner.

Ajitsaria said: ‘After training at A&O, I think it’s fair to say I have taken a slightly alternative career path. The success of Fuse is testament to the spirit of innovation which runs throughout the firm – from management to our trainees and across our global offices.’

Jonathan Brayne, chairman of Fuse, added: ‘Shruti has been fundamental to the highly successful launch and operation of Fuse, A&O’s tech innovation space.  I’m confident she will take it to another level as a partner and will find new ways of keeping Fuse – and with-it Allen & Overy – in the vanguard of legal market tech innovation.’

The firm has a target of having 30% female partner candidates by 2021 with a view to having 30% women in its partnership overall. At present, the London partnership is comprised of 20% female and the global figure consists of 18%. These figures do also include the latest round of promotions.

The promotion of women in A&O’S latest round is however higher than that of Freshfields Bruckhaus Deringer. The firm did state that of eight of its promotions in London, one had been given to a female lawyer. Globally six of 22 promoted lawyers (27%) were female.