Why BigLaw Is Playing Hardball With Departing Attorneys
By Michele Gorman (December 3, 2019, 8:16 PM EST) -- Cleary's recent decision to fire four partners who were reportedly planning to leave for another firm created an outcry in the legal industry and left many scratching their heads, but recruiters view the unconventional move and similar actions by other law firms as anomalies rather than a sign of what's to come.
The quartet, led by veteran mergers and acquisitions attorney Ethan Klingsberg, were terminated by Cleary Gottlieb Steen & Hamilton LLP in October. On Oct. 25, Freshfields Bruckhaus Deringer LLP announced that it had hired the team in its New York office.
A source familiar with the situation told Law360 the terminations...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!