It has been reported that over 10 per cent of Jones Day’s London partnership has left the firm within the brief period of the last few months. This number includes Hamish Lal, head of construction who left to join Akin Gump and Jules Quinn, head of employment who left in December of last year for King & Spalding. They are among the six partners to have left the London office, which has a total of 66 partners. There are also rumours that two more partners intend to leave the US firm this month.
It has not been a particularly secure period for Jones Day’s partnership with four partners being demoted to counsel last month. Of the six partners who left the firm, two of them had been with the firm since 2012 and another two since 2013, while the remainders had been with the firm since 2006 and 2009. This highlights concerns within the firm about being able to retain the many lateral hires that they make. Poor management and inclusion is often the problem with lateral hires and could be responsible here for the firm’s inability to retain partners for considerable periods of time.