Culture clash costing law firm; Clifford Chance loses lawyers in NY as they resist British pay scales, approach.(News)(New York)

Crain's New York Business | June 28, 2004 | Copyright

Byline: tommy fernandez

Law firms looking for top-notch, hungry lawyers have had a common target over the past year: the global legal juggernaut Clifford Chance.

Clifford's New York office has lost more than 20 lawyers, or about 5% of the staff, since November. Practice heads have fled to competitors like Gibson Dunn & Crutcher, King & Spalding and Kaye Scholer. A six-attorney structured finance team defected to McDermott & Emery, while 10 intellectual property lawyers jumped to Hogan & Hartson.

"Clifford Chance partners are in play,'' says ...

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