Home

Clifford Chance to Cut Partners, Lay Off 106 Lawyers
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Clifford Chance LLP, the world’s largest law firm by revenue, will cut its partnership ranks under a restructuring plan.

The firm has asked partners to contribute £60 million ($87 million), about £150,000 each, and will cut as many as 80 lawyers in London and 26 in the US.

London-based Clifford Chance has more than 600 partners.

  
What
Where


Linklaters LLP  , the second-largest London law firm by revenue, said last month it would cut as many as 120 salaried lawyers and up to 150 support staff.

Eversheds LLP, a London-based firm with about 2,000 lawyers, is withholding quarterly profit drawings to partners.

Clifford Chance advises some of the world’s largest banks, and clients have included Royal Bank of Scotland Group, Barclays, Banco Santander, and bankrupt Lehman Brothers.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!






 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Litigation Associate Attorney

USA-SC-Columbia

Columbia office is seeking a commercial litigation attorney with 2-4 years of experience.

Apply Now

Attorney with 3-7 years of commercial/complex litigation experience

USA-CA-Cerritos

Cerritos office of our client seeks attorney with 3-7 years of commercial and complex litigation exp...

Apply Now

Insurance Coverage Associate Attorney

USA-IL-Chicago

Chicago office of our client seeks associate attorney with insurance coverage experience. The candid...

Apply Now

Patent Agent with 1 year of electrical engineering experience

USA-CA-San Francisco

San Francisco office of our client seeks entry level patent agent with 1 year of experience. The can...

Apply Now

RELEVANT JOBS

Associate Attorney

USA-OH-Columbus

AV-rated serious injury and wrongful death litigation firm hiring  a full time associate.  ...

Apply now

In-House Attorney

USA-NY-New York City

Doris and Don Fisher opened the first Gap store in 1969. Today, Gap Inc. is a leading global fashion...

Apply now

Research Analyst & Report Writer

USA-CT-Stamford

Research Analyst & Report Writer        Post Date:  September 25, 2018 ...

Apply now

Litigation Associate

USA-NY-New York City

Todd & Levi, LLP is a small commercial law firm specializing in aviation finance and construction an...

Apply now

SEARCH IN ARCHIVE

To Top