Why BigLaw Is Playing Hardball With Departing Attorneys
Law360 (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...
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