Jones Day Demotes 5 London Partners

Law360, New York (November 13, 2009, 4:32 PM EST) -- Jones Day reportedly has demoted five of its London partners — about 10 percent of the partners in that office — to of counsel since the beginning of 2009 as American firms continue to scale back their domestic and international operations.

The demoted partners are in the firm's real estate, company/commercial, capital markets and pensions departments, legal blog RollonFriday reported Friday. RollonFriday said it had received unconfirmed reports of a sixth demoted partner.

A Jones Day representative was not immediately available for comment.

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