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Around the Firms
Top Chance Attorney Moves to Weil Gotshal
Late last month, Steven A. Newborn, global head of Clifford Chance's antitrust practice, became the co-head of New York-based Weil, Gotshal & Manges' global competition practice. Although Clifford Chance American practices head John K. Carroll says that Newborn would be missed, he notes that in the U.S., Clifford Chance maintained more than 47 attorneys, including seven veteran antitrust partners. In the meantime, the senior partners of London-based Clifford Chance are deliberating about whether luminary American attorneys should be paid much bigger salaries than those of their British counterparts. However, Newborn says that payment was not a major issue in his decision to leave.
According to Carroll, the search has already commenced for a new antitrust partner of Newborn's caliber. He also said that although that the departure will stimulate the salary talks, he did not expect anyone to change position on the issue.
Firms' Losses is Other Firms' Gains
Several firms have new additions:
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