Mayer Brown loses three partners as White & Case, Vinson swoop

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  • Anonymous - are you sure about that? Really do doubt that; I thought she was in the inner circle there with Stephen and Robin? Anyway, they must be re-thinking the whole thing since I believe a very senior guy was de-equitised and banged down to consultant but is now back riding high

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  • The general consensus from the MB crowd is that the MB Finance partners were very naive in taking on Evans and Cullinane to set up a Lev Fin practice at a time when the market was essentially dead. The remaining Lev Fin "partners" are essentially nothing more than senior associates from other firms brought in as lateral partner hires with neither the experience or client base to generate further business. I imagine CVs are being hastily polished.

    This is yet another misstep for MB Finance Management: they are haemorrhaging partners and associates at all levels (4 this week alone) and the talent has walked out the door in recent months. There's a serious chance the department could implode.

    Someone needs to take hold of the reins, but it's unclear how the department's fortunes will be reversed in the short-term. I think you'll most likely see changes in MB management early next year.

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  • Anonymous 4.15 pm "the talent has walked out the door in recent months" - precisely what talent? Two lev fin partners, who never closed a single deal in their short stay? No talent has left at partner level, and at associate level this year they lost two good senior associates to Lloyds and one mid-level star to the regulator. Sounds like you are disgruntled ex-MB.

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  • Anonymous 2.56pm: Ex-MB? No. Disgruntled? Hardly! Thus wrong on both counts, I'm afraid.

    And there *was* talent at MB, but the march out of the door for various reasons is undeniable (which you'll know from the number of leaving drinks you'll have been invited to this year).

    MB are losing good people far quicker than they are replacing them. This is hardly a good plan for the development of a solid client base or a legal team to support them.

    Thus my point is that the departure of Evans and Cullinane is indicative of wider strategic and management failures that need to be urgently addressed for the sake of the firm.

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  • Anonymous 4.15 and 12.53 is clearly well informed and 2.56 you are a poor propagandist. Two IP partners, Nick Henchie - the big star in the Construction team, Evans and Cullinane - who were trumpeted in on their arrival, Elana Hahn, up and coming SF star to MOFO another two finance partners (min) to follow, the only FSRE partner, a star Cap Markets partner, a senior Tax Partner, six finance associates, seven Corporate associates and a senior Anti-trust rising partner as a six month headcount! Four senior Corporate partners handed in their notice in the last year and were given their price to stay. When the big cheese turns rat and heads for the lifeboat you have to wonder that the journalists are missing something here.....

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  • Indeed, MB has been heaven for the opportunistic laterals during the economic downturn. Let's see how it will work in the long term.

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  • Wake up guys. Evans and Cullinane were always going to move to a better platform when the markets stabilised, and the fact that they never closed a deal at MB is evidence of what a lousy platform MB is rather than a negative comment on them.

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