Categories:Corporate

Greenberg adds to hiring spree with W&C partners

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  • Well, well. When Maher joined GT, the fanfare was out. The legal press was trumpeting a new beginning for law firms! And now we have the first hires. Three W&C partners who my sources tell me will bring with them very little work and who practice in an area which I supect most GT partners in the US can just about spell. Where on earth is the client synergy? I have put a very large bet on GTM lasting as a serious entity for about 2 years.

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  • It seems like there is an article almost everyday of a high profile partner departure at White & Case these days. Seems like the smart money is on getting out now before it is too late!

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  • What a canny move by Maher. One banking partner does not a finance practice make. No institution will follow one partner. But with the cap mkts team, he has just bought an investment banking client base. Can he do the same in corporate? If so, he might just be creating a London office with a substantial tranactional core; something none of the US firms have done for some time. This is one I shall enjoy watching.

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  • Watch this space!

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  • I can only ssume Anonymous of 11.27am is either Maher himself, a relative, or the headhunter who placed the W&C partners. To buy an investment banking client base, you have to recruit people who can bring a client base. As far as I can work out, these three have all drawn work from W&C's institutional clients - these clients plainly won't move to a firm with absolutely no reputation in captal markets work. Keep taking the happy pills Anon 11:27!

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  • In the same way that Mayer Brown partners and clients wouldn’t flee in Maher’s direction. The previous blogger exhibits no logic and his snide point quite frankly does not stack up.

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  • Err....no! Maher is a rainmaker of the highest order. Who said he wasn't? So what logic do I lack? Ps really not sure logic can be "exhibited" but heh, I wouldn't want to be accused of being snide again

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  • I haven't heard of Simon B (5:23 pm) All I know about Simon B is that he cowardly withholds his last name. Why do you lawyers do this to each other? You all make your millions, be it in Pounds, Euros or Dollars. Instead, Mr. B., you should wish Mr. Maher success and congratulate him for moving forward with GTM. Mr. Maher is an honest man, and honesty always pays off. From the other side of the globe, we send you our best wishes, Mr. Maher.

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  • Simon B must be old school partner - you know the kind - still believes the world hasn't changed; clients will never leave Magic Circle; give it a few more months and the world will return to its old ways; let's just put rates up and charge clients more etc. Sadly Lehmans has gone. So have whizzy finance structures. Clients will follow teams. Why didn't White & Case ever do real corporate work if the institutional clients were in the bag? It never had the right team. There is room for Maher's new crowd. Will be fascinating to watch. No this isn't Maher, relative or SSQ consultant!

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  • I believe Simon B is a W&C partner. He follows the typical W&C modus operandi. When one is a partner of W&C, the other W&C partners will say that person is the greatest lawyer in his/her field. However, whenever a W&C partner voluntarily leaves W&C, he/she automatically becomes a pariah and is "trash talked" by the W&C partners who stay ("that partner was not very good", "has very little work", "no book of business or client relationships", etc.). It seems Simon B is trash talking the W&C partners who have left to join GTM.

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