Non-Billable Explores How Private Capital Is Shaping London’s Partner Market

Non-Billable has published an in-depth feature on the dynamics driving London’s partner hiring landscape, drawing on insights from Macrae London’s Siobhán Lewington, following her recent appearance on The Non-Billable Podcast. The article examines how competition for senior talent in the City has intensified as US firms continue to expand and private capital remains the engine behind the most active parts of the market.

The piece highlights the importance of platform strength - tax, competition, leveraged finance and associate depth - as firms compete for top private equity partners. Siobhán discusses how client needs drive movement at the top end of the market, the strategic significance of the New York–London axis, and why multi-year guarantees play a role in securing high-performing lateral hires. She also reflects on how partner attitudes toward US firms have shifted dramatically over the past two decades.

Read the full article from Oliver Attinger for Non-Billable here.

Listen to Siobhán Lewington on The Non-Billable Podcast here.

For more insights, connect directly with Siobhán Lewington or reach out to our team at Macrae here.