Allen & Overy (A&O) and Clifford Chance (CC) have unveiled their new partner promotions, with both firms seeing a decline in the overall number of partner promotions compared with last year, but an increase in promotions in overseas offices.

A&O promoted 28 associates to partner, down from 32 last year, while magic circle rival CC named 35 new partners, down from 38 in last year’s promotion round.