Categories:Corporate
SJ Berwin defections continue as Taylor Wessing hires corporate partner
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Readers' comments (18)
Anonymous | 8-Dec-2010 7:00 pm
Are SJB actually screwed? Nothing but bad news about them in the news at the moment, and I'm hearing more and more wanting to jump ship from my mates.
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Panic buyer | 9-Dec-2010 1:27 pm
I better pick up a SJB partner while there's still some left!
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Anonymous | 9-Dec-2010 3:10 pm
Anyone remember Heller Ehrman? The death spiral continues . . . eventually an important group will break off, and that will be it.
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Rhubarb & Custard | 9-Dec-2010 4:21 pm
This is hardly a mass exodus for a firm that size. Sounds like recruiters and headhunters trying to stir up some lateral action before Xmas to make sure they get their bonuses....tsk, tsk.....how you headhunters play...
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sjber | 9-Dec-2010 5:18 pm
The writing was on the wall when all the important funds partners left for K&E.
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Collaterly Sisters | 9-Dec-2010 6:31 pm
Rhubarb & Custard - yes that may well be the case. Alternatively, SJ Berwin is a desperately unhappy firm in which the majority of the partnership want to leave. If I had to put money on what scenario is more realistic I'd go for the latter.
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Anonymous | 10-Dec-2010 10:35 am
I suppose the 9% turnover rise and significant increase in profit margins is also bad news? As for the comment on the fund partners; get with the latest that is terribly old news and not at all in keeping with the department's excellent performance.
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Anonymous | 10-Dec-2010 11:17 am
Meltdown? Not yet.
Profound crisis. Undoubtedly.
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Anonymous | 10-Dec-2010 12:09 pm
Well you're bound to get a profit margin increase if you lay off so many staff: the real impact of the partner departures hasn't yet been felt. The turnover increase is easy, after they dropped so much last time.
I see they're voting on restructuring the governance system in a way that will apparently bring more new faces into it: how will this do for stability?! The total lack of communication and eventual failure of the Proskauer Rose merger were among the main reasons for one or two partners leaving, that I know for sure.
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sjber | 10-Dec-2010 12:14 pm
I am "getting with the latest": disastrous failed merger and continued partner exits.
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