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This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
But the firm’s German pen pal, best buddy and Teutonic powerhouse Hengeler Muller started twenty-ten (come on, everyone’s saying it) confirming a rare partner departure (see story).
Corporate bigwig Wolfgang Grobecker has given Hengeler das boot in favour of Milbank Tweed Hadley & McCloy.
It’s big news for both firms. Prior to leaving, Grobecker had spent his whole career at Hengeler and set up the firm’s Munich office in 2006.
But it wasn’t to last. It seems that Grobecker has become the first Hengeler partner to move to a rival firm in - get this - 20 years.
That’s what you call a solid retention rate.
Interestingly, Grobecker cited multi-national clients’ preference for the international structure found at Milbank as his reason for the move.
So it looks like the best friends agreement between Slaughters and Hengeler has lost out, which doesn’t happen very often either.
Philosophical differences, then. Or perhaps a good old-fashioned clash of personalities?
Also on TheLawyer.com: Latham puts associate salaries back on track a year after freeze; Dentons finalises second round of redundancies; and Blackstone Chambers mourns the death of Sir Ian Brownlie QC.