Clifford Chance’s tiny communications, media and technology (CMT) group has been shaken up after six associates quit the department.
The restructuring sees media partner Daniel Sandelson resign his leadership of the London team and head off for a sabbatical, while telecoms regulatory partner Liz Hiester has transferred to the firm’s antitrust team and IT partner Raj Parkash has also left the group to set up the firm’s commercial business group.
A source in the CMT group said: “We had a number of senior people and only so many people could be offered a career progression.”
An internal source said that three associates were forced out, while three quit.
A Clifford Chance spokes-person said: “It’s nothing more than a reshuffling of resources, as that’s the way the market’s gone… We haven’t had any formal redundancies. We’re actually recruiting to bring us back up to strength.”
Global head of CMT Joachim Fleury has taken charge of what is left.
The group now comprises respected outsourcing partner David Griffiths and IT partner Nick Elverston. Fleury was named global head two years ago, with a remit to bring together the expertise of the firm’s many practice areas to focus on the CMT industry group.