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Salans hit as nine jump ship for Locke Lord’s City launch

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  • Wow, this is quite a statement of intent. Seven partners in one go surely hasn't happened for years? I haven't heard of Locke Lord though - are they likely to tak the UK market by storm?

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  • Sounds like the name of a S&M porn star.

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  • Argh, Locke Lord you have honoured us with your presence, we shall prepare the whips.

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  • Lock and load?

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  • This mas exodus may be a blessing in disguise for Salans' London office

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  • In many ways the legal market is going through such a revolution here in England and Wales that I am not surprised to see so many moving on to supposedly sunnier pastures. One wishes them the best of luck but I can't help wondering if the grass is really that green on the other side.
    TheLawMap

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  • The statement from Salans is probably one of the worst I have read in response to such news in ages. I don't know who is more incompetent - the marketing people for writing it or the lawyers for signing it off!
    "We recognise that it’s a part of life that at different times people will want to come and go or change what they’re doing. It’s an ­integral part of the business cycle and offers opportunities for fresh resources and ideas.”
    Nine people leaving, coincidentally for the same place, is not people having a 'lifestyle change'. It points to a fundamental flaw in Salans' strategy which obviously didnt have the support of many of the London partners. This is about maybe a third of their London partners if their website is up to date. With such a loss, jobs are surely going to have to go. Support staff beware!

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  • 3/9 = dedicated consumer finance and a real estate partner. Based on numbers and areas, it doesn't seem too bad in these markets/times (but who knows about client lists)?

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  • "It points to a fundamental flaw in Salans' strategy which obviously didnt have the support of many of the London partners."

    So it was definitly nothing to do with the ridiculous amounts of money they were probably offered?

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  • The Salans statement, translated into ordinary English means: "These people are a bunch of losers, and we are happy to get rid of them, although we would have preferred a different manner." Under the circumstances they could hardly have been more explicit.

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