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A bitter wind blew through the Moscow offices of CMS Cameron McKenna today with news that two of its top-drawer partners were bidding 'do svidanya' to the firm, and were bound straight for Clifford Chance See story.
Moscow saw a high-level defection today.
A bitter wind blew through the Moscow offices of CMS Cameron McKenna today with news that two of its top-drawer partners were bidding 'do svidanya' to the firm, and were bound straight for Clifford ChanceSee story.
Regional projects and energy guru David Griston and Moscow head of banking and international finance Jared Grubb succumbed to the seduction of the magic circle firm.
Camerons' senior partner Richard Price has already begun the battle for the hearts and minds of his Moscow lawyers, telling The Lawyer: "It's unfortunate, but it's an indication of how strong we are in the region that the magic circle come knocking."
That's certainly true: Central and Eastern Europe is the only region where Camerons can battle the magic circle for supremacy. And Clifford Chance particularly has precedent: in March 2006 it took four of Camerons' best real estate partners in Poland.
It's unclear whether Camerons will replace Griston and Grubb internally or through lateral hires of its own - although Price admits that the war for talent in Russia is a particularly cold one.