Shaw Pittman is set to axe its emerging companies and healthcare practice in Los Angeles, cutting 12 lawyers from a total of 17.
Partners Charles Fiedler, Eric Klein and Clara Martin will leave over the coming months, leaving just Michael Murphy, Bob DiGiovanni and three associates.
“They joined in July 2001 and the timing was poor with the dotcom crash and 11 September. Launching an emerging companies practice simply didn’t happen for us,” said a Shaw Pittman spokesperson.
Murphy and DiGiovanni will continue to practise IT and outsourcing, the firm’s key strengths. The firm is keen to recruit more lawyers for this practice in Los Angeles.
The Lawyer understands that the 12 departing partners have yet to find new jobs.
Debenhams sale sees CC, Ashursts conflicted
Conflicts at Clifford Chance and Ashurst Morris Crisp look likely to hand another law firm a sought-after public M&A instruction from private equity houses CVC Capital Partners and Texas Pacific Group.Clifford Chance is acting for Permira, the first bidder to show an interest in ailing department store Debenhams, with which Ashursts has a longstanding relationship.A […]