Adrian EakinPinsent Masons Partner Exit is Seventh This Year
The departure from its Belfast office continues a busy period for exits since January.
June 20, 2019 at 12:00 AM
2 minute read
Pinsent Masons partner Adrian Eakin has left the firm – the latest in a slew of departures.
Infrastructure partner Eakin has quit the firm's Belfast base to move to Riyadh for a new role at the Kingdom of Saudi Arabia National Centre for Privatisation.
He has taken up a position as senior executive adviser to the company, which was set up in 2017 to oversee sales of public assets and forge public-private partnerships within the country.
Eakin joined Pinsent Masons as a partner in 2009 from legacy Belfast firm L'Estrange & Brett.
At Pinsents, he advised governments, contractors and lenders on major infrastructure schemes in the waste, water, health, education and transport sectors across the U.K. and Ireland.
He is the seventh partner to leave the firm so far this year, with other exits including partners Chris McGarvey and Steven Cochrane to CMS, David McEwing to Addleshaw Goddard, and Joel Kordan to Pennington Manches.
Several former partners have suggested that issues surrounding compensation, career-development opportunities and culture have been drivers behind the recent spate of exits.
However, insiders at the firm argue that the rate of departures is not unusual and that the firm is hiring too. The firm has hired 19 partners since January and grown its partnership by nearly 5% during the past year.
In a statement, a spokesperson for Pinsent Masons wished Eakin "all the best" and emphasised the number of hires the firm has made, in addition to its recent partner promotions. They added: "Our partnership is now bigger than it has ever been; overall we ended FY2019 with 446 partners compared to 428 the year prior."
It became the latest U.K. firm to raise its associate and trainee pay earlier this week (June 18), implementing increases across its London, regional and Scottish offices.
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