Home

Profits Plummet at Clifford Chance
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Magic Circle law firm Clifford Chance LLP LLP 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 to Gibson Dunn. The firm cut 24 associates in New York in March, and 20 more positions in April.

  
What
Where


Also in March, Clifford Chance announced a redundancy consultation targeting 115 support staff in London.

Clifford Chance LLP is the largest law firm in the world, both by number of lawyers and revenue, and part of the UK’s “Magic Circle” of leading law firms. It is a prestigious international practice with its principal office in London.

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

Mid to Senior Level Labor and Employment Attorney

USA-CA-San Francisco

San Francisco office is seeking a mid to senior level labor and employment attorney.

Apply Now

Mid-Level Commercial Business Litigator

USA-CA-Los Angeles

Los Angeles office is seeking a commercial business litigation attorney with 2-5 years of experience...

Apply Now

Mechanical Patent Agent

USA-WI-Milwaukee

Milwaukee office of our client seeks mechanical patent agent with 2-4 years of prosecution experienc...

Apply Now

Estates and Trusts Attorney

USA-MD-Columbia

Columbia office of our client seeks estates and trusts attorney with 5+ years of experience in all a...

Apply Now

RELEVANT JOBS

Docketing Specialist (IP)

USA-DC-Washington

We are seeking a Docketing Specialist to join our team.  Based in the Washington, DC office, th...

Apply now

Senior Legal Department Administrator

USA-NY-Rochester

Please apply here:  Mixing technology, data, and first in class innovation, EagleView&#...

Apply now

Attorney - Labor and Employment

USA-NJ-Mount Laurel

Parker McCay is seeking an experienced attorney to focus on all aspects of counseling and litigation...

Apply now

Attorney - Commercial Finance

USA-NJ-Mount Laurel

Parker McCay is seeking a full time, mid to senior level commercial finance attorney to serve as cou...

Apply now

SEARCH IN ARCHIVE

To Top