Big-law blood transfusions, new and old: Clifford Chance, Morgan Lewis, Drinker Biddle and Brobeck
Can Clifford Chance be saved with a transfusion, in the form of Londoner Peter Cornell, or does the firm need to take more drastic action to survive? Anthony Lin with the New York Law Journal reports.
At Morgan Lewis, simply moving people around apparently wasn't enough: Jeff Blumenthal of The Legal Intelligencer reports that the firm just grabbed 11 litigation associates from Drinker Biddle. This gaggle follows the three-partner, white-collar and class action litigation group that left Drinker on March 14.
It could be worse for Drinker and Clifford Chance -- a lot worse. Witness the fine print in the individual settlement agreements worth $23.65 million that 207 partners just inked with the trustee of failed big-law firm Brobeck, Phleger and Harrison, according to Brenda Sandburg of The Recorder.
Posted by Product Team on March 22, 2005 at 05:36 PM | Permalink
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