Clifford Chance’s office in Budapest, Hungary will spin off from the firm, to form the new Lakatos, Köves & Partners. London’s Clifford Chance says it is dropping the office as part of a reorganization of international resources. All of Clifford Chance’s lawyers and staff in Budapest will transfer to the new firm by the end of this [...]
Continue reading...Thursday, July 9, 2009
According to sources, Clifford Chance has lost almost 50 partners since March of this year, most from New York City and the London headquarters office. Eighteen partners have left the firm in London, and another 18 in New York. Twelve have jumped ship in Europe. Clifford Chance is restructuring, and expects to lose 90 further partners, or [...]
Continue reading...Wednesday, July 1, 2009
Magic Circle law firm Clifford Chance saw average profits per equity partner drop 37% to £733,000 ($1.2 million) in the last fiscal year. Revenue fell 5% to £1.26 billion, which means Clifford Chance is no longer the world’s largest law firm by revenue. The firm recently saw a mass defection of New York litigation partners and associates [...]
Continue reading...Saturday, June 20, 2009
This week in law firm layoffs: Clifford Chance: 10 lawyers Schwabe, Williamson & Wyatt: undisclosed staff Simpson Thacher: undisclosed staff Cravath: 25 lawyers Paul Hastings: 25 staff Miller Canfield: 16 lawyers, 9 staff Total: 51 lawyers, 34 staff Previously: Week of June 7th: 81 lawyers, 61 staff, 85 undisclosed Week of May 31st: 101 lawyers, 142 staff, 49 undisclosed Week of May 24th: 66 lawyers, 119 [...]
Continue reading...Wednesday, June 17, 2009
We have been reporting on the saga of Clifford Chance’s US litigation practice. Group head Mark Kirsch jumped ship to Gibson Dunn, leaving the fates of 29 New York litigation associates in doubt. Now the futures of those associates are coming into focus. Seven associates are going to Gibson Dunn with Kirsch and partners Joel Cohen and [...]
Continue reading...Wednesday, June 10, 2009
The speculation is over. Mark Kirsch, former head of Clifford Chance’s US litigation practice, has landed at Gibson Dunn & Crutcher, bringing along Joel Cohen and Christopher Joralemon. Kirsch joins Gibson Dunn as co-chair of its more than 500-lawyer Litigation Practice Group. Kirsch joined Clifford Chance in 1995, most recently serving as Global Chair of [...]
Continue reading...Wednesday, June 10, 2009
Clifford Chance, which has been bleeding litigation partners, just lost two more. Securities litigators Joel Cohen and George Schieren will depart the firm’s New York office. At the end of last month, Mark Kirsch, the head of Clifford Chance’s US litigation practice, announced his departure, leaving the 29 associates in the firm’s New York litigation group under [...]
Continue reading...Tuesday, June 2, 2009
Singapore’s Keystone Law has hired Chan Yee Min as director and co-head of its real estate practice, and Leonard Koh Hun Peng as counsel and co-head for its disputes practice. Chan was with Drew & Napier for 10 years. She specializes in real estate and property work. Koh is admitted to practice in Singapore, Hong Kong and [...]
Continue reading...Friday, May 29, 2009
Mark Kirsch, head of Clifford Chance’s US litigation practice, has left the firm, leaving the 29 associates in the firm’s New York litigation group under threat of layoffs. The group and its associated staffers have been informed that layoffs are coming, but no numbers have been revealed. Kirsch will be replaced in his position by Juan Morillo. In [...]
Continue reading...Thursday, May 21, 2009
K&L Gates has hired David Bernstein and Tedd Van Buskirk. Bernstein, formerly of Clifford Chance, handled transaction and securities law matters. Previously, he chaired Rogers & Wells’ corporate law practice. Van Buskirk, a partner at Hogan & Harton, handled pharmaceutical, software, electronics, and medical device patent litigation. K&L Gates LLP is a US law firm with over 1700 [...]
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Thursday, July 9, 2009
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