Linklaters raids Clifford Chance for German restructuring star

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  • Von Bismark? That's a name to conjure with!

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  • First Adam Signy, then Mark Kirsch now von Bismarck. The rats are leaving the sinking ship.

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  • This is a very interesting move and excellent news for Linklaters. Von Bismark is a huge name in the German market - and deservedly so - and his departure will be a huge loss for Clifford Chance. Links has certainly chosen well from its rivals. Who'll be next? Rolf Koerfer at A&O???

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  • doesn't he live in berlin? and doesn't linklaters have an office in berlin? didn't CC close its office in berlin? wonder how long he'll stay in FF for?

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  • This isn't going to hurt CC in Germany, and Signy's move hasn't hurt them in London either. Individuals are less important inside the MC machines than theoutside world thinks. What's more telling is whether this is symblolic of a long term malaise.

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  • @Anonymous

    Malaise??? Starting to look more like acute swine flu if you ask me...

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  • I think all the good posters must have been made redundant... otherwise the quality of comment here is hard to account for.
    Something to what "anonymous" says - but of course we won't really know how things are shaking out until there are a few rumours going around at the half yearly results time.
    If the best amusement we can find on here in the meantime is Anklebiter, it's going to be a long six months.

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  • Individuals might be not that important within the "MC machines". Their turnover certainly is. And the question is, whether pure insolvency specialists contribute significant amounts. Insolvency lawyers in major law firms in Germany tend to be mere supporters of banking and corporate teams bringing few own mandates to the firm. That makes it tough for associates in insolvency teams to make partner and for partners to gain equity. Add the fact that CC currently reshapes its partnership and thus has delayed promotions, it is easy to assume that for stars like von Bismarck there are plenty better opportunities given the current market.

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  • >doesn't he live in berlin? and doesn't linklaters have an office in berlin? didn't CC close its office in berlin? wonder how long he'll stay in FF for?

    According to other reports, von Bismarck is not joining Linklaters in Frankfurt, but heading to Berlin where his family lives:
    https://www.lawyrs.net/news/show/2173/clifford-chance-loses-german-restructuring-star-to-linklaters
    http://www.ftd.de/koepfe/:Wechsel-zu-Linklaters-Clifford-Chance-verliert-Starsanierer/541212.html

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