Uploaded by lawcrossing2008 on Dec 2, 2008
http://www.EmploymentCrossing.com
Clifford Chance's US litigation practice has been hit with a second round of partner defections in under a month.
Just seven weeks after the firm laid off 20 litigation associates in the States, former US head John Carroll and New York partners Warren Feldman and David Meister are leaving over what may be a pay dispute.
The news comes less than a month after two Washington, DC litigators, Jon Roellke and Boyd Cloern, left for Boston's Bingham McCutchen.
Once a promising practice group with a client base that included top firms like Merrill Lynch, Clifford Chance's litigation group is struggling to survive after a lack of work and dwindling profits spurred layoffs and defections.
With the latest partners ankling because of a dispute over their super-point status, the firm is clearly still plagued by the pay concerns that have dogged its US operation for years.
Clifford Chance LLP is the largest law firm in the world, both by number of lawyers and by revenue, and is a component of the UK's "Magic Circle" of leading law firms. It is a prestigious international practice with its principal office at Canary Wharf in London.
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