One of the biggest surprises to come out of Macfarlanes lately is not that it was one of the strongest performers in the LB100 this year, but rather the significantly accelerated rate of lateral hires joining the firm, bringing an increased risk of upsetting traditionalists at the City blueblood.
With the recent re-hire of one its former lawyers, Michael Parkinson from Russell-Cooke, 71-partner Macfarlanes has made seven lateral hires in around two years, as opposed to its typical average of one per year. Managing partner Charles Martin says the firm will continue to add to this number over the next 12 months.
