Clifford Chance star Signy quits for Simpson Thacher

  • Print
  • Comments (16)

Readers' comments (16)

  • I also share the point of view of Interested Observer. Even if Signy has not been pushed out of CC, if he was so smart to read the writing on the wall like posters above have suggested, he would have jumped ship a few months ago instead of waiting until now that CC is pushing their partners out), since his big clients are in pretty bad shape. He may be the best M&A lawyer out there, but firms care only about the bottom line, and unfortunately Signy's client base just does not cut it anymore for him to be profitable to CC.

    Unsuitable or offensive? Report this comment

  • Anyone above who implies that Signy might have been pushed is out of sync with CC reality. This is the biggest disaster CC had ... ever. The mood in the firm is bad following the news.

    Unsuitable or offensive? Report this comment

  • It's not the end of CC, contrary to what some commenters are suggesting. Sure, Signy is a very experienced guy, but look,we are now living in a new world and firms like CC are restructuring in order to survive. To survive, firms need cash. The brutal truth is that his clients (Candover) are as good as dead and are unlikely to make any deals any time soon. On Simpson's side, their corporate/M&A is literally inexistant on the UK side, there is no team in place there, nor is there any support team (tax, etc.), which means that Signy won't be able to bring any of his clients to Simpson as Simpson does not have the capacity to handle it. It is a wonder why Signy did not go to a firm with an existing corporate practice. You can rest assured that none of the partners at CC are worried. Signy will be quickly overwhelmed and will not be able to do the kind of work he is used to. Associates at CC may be worried, but the partners there are not as they know that Signy will have to refer work to CC as Simpson simply cannot handle it.

    Unsuitable or offensive? Report this comment

  • Others have done it before. Serious heavy weight players who deliver and certain others who just like to skip from golden hello to golden hello as a never quite fading swansong

    Unsuitable or offensive? Report this comment

  • In this market no position is safe. You could say he jumped before he was pushed or he is the first Partner with vision. I will not name names however a former " star " associate is working at a well known food retailers, not as a Lawyer in the store. Fair play to Adam he needs to pay the Bills.

    Unsuitable or offensive? Report this comment

  • Signy is a decent bloke and has a long history of buying his round. This fact should not be underestimated in the Simpson decision to double his dosh.

    Unsuitable or offensive? Report this comment

View results 10 per page | 20 per page

Have your say

Mandatory Required Fields

Mandatory

Comments that are in breach or potential breach of our terms and conditions in particular clause 8, may not be published or, if published, may subsequently be taken down. In addition we may remove any comment where a complaint is made in respect of it. These actions are at our sole discretion.

  • Print
  • Comments (16)