Categories:Funds

CC’s mettle to be tested after funds team’s flit

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  • This piece shows the legal profession's reluctance to champion anyone who challenges the old guard. True, Ed Gander is a relatively junior partner and not yet a wise old man of PE funds in the vein of Glover or Hatfield. But he is a rising star with a dangerously good combination of ability, dynamism and charisma, and I for one would not hesitate to invite Weil to pitch on my company's next fund. Just because he doesn't have grey hair doesn't mean he isn't a solid pair of hands.

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  • Hello Ed!

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  • It should not be forgotten how close Weil came to poaching Layton and James Baird from CC back in 2004. For Clifford Chance, this must feel as though an unpleasant old scab has started to itch again, and this time, no amount of balm seems to be working. Can't blame them for their irritation, but the heavy-handed tactics that they are reportedly contemplating are invariably counter-productive.

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  • Hatfield is a total gent, he treats associates properly. He is also a brilliant lawyer and negotiator, far better than most of these flashier characters. Quite a few of the remaining associates at CC will be glad to see the quartet go although the interim uncertainty will be hard. I'll go back to instructing CC.

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  • Interesting article but have to object to the comment by Francies that Weil have the market leading practice in US and Asia. US is a straight tussle between Debevoise and Simpson Thacher and in Asia the market leaders are Debevoise (again) and O'Melveny & Myers. Weil are a long way behind those firms in these markets (and indeed others such as Kirkland, Ropes and Proskauer).

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