Berwin Leighton Paisner Clifford Chance Hogan Lovells Jones Day King & Wood Mallesons SJ Berwin Kirkland & Ellis Latham & Watkins Linklaters Ropes & Gray SJB and the problem with private equity By Natalie Stanton 20 February 2014 12:28 10 December 2015 22:38 Sign in or register to continue reading. It's FREE Sign in Email Password Keep me logged in Forgot your password? Not registered? It's FREE! Register now Register with The Lawyer Legal Commentator 20 February 2014 at 14:58 When the seagulls follow the trawler, it is because they think sardines will be thrown into the sea. Reply Link Anonymous 20 February 2014 at 15:31 The problem for SJB is that all of their brightest sparks have now gone, so who are they seeking to reward? Reply Link James 20 February 2014 at 15:34 It’s actually had 4 resignations since January if you count Leanne, and 5 if you count an associate who resigned on Christmas Eve. Reply Link Anonymous 20 February 2014 at 15:35 Top talent gone. I truly believe SJB PE is on a steep decline. Reply Link Anonymous 20 February 2014 at 15:37 SJB should have made Leanne and Liam up to keep them. As for the more junior team members who have left – yes, it’s a lot, but sadly it is natural ‘leakage’ and par for the course everywhere. Reply Link Nick 20 February 2014 at 15:41 As somebody on the client side, SJB is no longer seen as a particularly prestigious brand. I don’t blame these associates for leaving for the likes of Hogan Lovells, K&E etc. Reply Link Senor Anonymous von Anonymousington 20 February 2014 at 16:25 “The Lawyer and the problem with re-hashing old stories over and over again.” The comments should be fun though. Reply Link Legal Commentator 20 February 2014 at 16:29 This is non-news. The Lawyer is really milking this. Reply Link Anonymous 20 February 2014 at 16:39 Talents gone – US firms wouldn’t take any of the remaining associates. Reply Link Anonymous 20 February 2014 at 16:45 Nobody decent left. They need to hire laterals. They have nobody to promote to partnership. Reply Link Nick 20 February 2014 at 16:46 SJB pays less than their UK counterparts, let alone the US outfits. Reply Link Anonymous 20 February 2014 at 17:00 I think Leanne was the most revealing / disappointing departure because it was a symbol if you like of lost hope and a sinking ship to lose such a well regarded and well liked homegrown. SJB is not a nurturing environment and is very individualistic – you would actually find a better culture at a US firm despite the negative PR around hours etc. Good luck SJB, but I fear your time is done. Reply Link Will 20 February 2014 at 17:05 Who cares?? This is the only airtime SJB gets!! Reply Link Peanuts 20 February 2014 at 17:13 Meh. Amateurs. SJB is a bit of a joke now. Reply Link Anonymous 20 February 2014 at 21:11 ‘They should have made Leanne and Liam up to keep them’. This comment is puzzling and ill-informed. I am not sure since when it has been in any top tier firm’s (and lets be clear depite all the Berwin-hating on here KWMSJB is very much a top tier firm (and in particular corporate pratice)) business model to make up compotent upper (in Liam’s case at least) mid-level associates with no clients or business case just to ‘hold-on’ to them. Truth is Leanne had left herself no choice but to follow Harris due to ultra-aggressive workload management to the point that she flat refused to work for any other partners in the team. Some perspective please. Life goes on and there are plenty of very good associates left. Reply Link Anonymous 20 February 2014 at 23:52 Lots of talent left at KWM – Lever, Wingfield, Goldberg included. KWM will be a global powerhouse in five years. Reply Link Anonymous 20 February 2014 at 23:54 lots of over reaction by disgruntled employees jealous over the great direction for legacy SJB. Get over it – they will get the market share of inbound Chinese work… Reply Link Anonymous 21 February 2014 at 00:07 Leanne was pushed – not really viewed as a star. James Darbyshire is however one for the future. Reply Link Anonymous 21 February 2014 at 00:09 Just tried hiring from Lovells – but they are such a new team it was difficult to know who was who! seriously, Lovells may win nek nomination awards – but nothing PE related… Reply Link Anonymous 21 February 2014 at 00:11 SJB are skilling up and will recruit better talent from Slaughters/A&O/Links than the above associates. Clever plan. Reply Link Anonymous 21 February 2014 at 00:13 As somebody on the client side, SJB is a far better brand than Lovells. It’s in a very unique position taking all inbound investment via the KWM platform… Reply Link stewart 21 February 2014 at 00:14 SJB have bright sparks and will be a truly global powerhouse in five years. Watch this space… Reply Link TBC 21 February 2014 at 09:06 Who are Vinson & Elkins?!? Reply Link James 21 February 2014 at 14:13 Leanne didn’t just work for Ed. She worked mainly with Davis and Wingfield over the years. So anon@9:11, tis you who is mis-informed. Aside from that, I agree with your comment. Life goes on. Reply Link Anon 21 February 2014 at 14:17 Anybody else notice the raft of positive comments between 11:52 and 00:14 last night?! Suspicious that they’re comments from the same person – most probably an SJB partner … what’s all this 5 year business?? Reply Link Emma 21 February 2014 at 14:20 Vinson and who? Reply Link WTF 21 February 2014 at 14:25 “Lots of talent left at KWM – lever, Wingfield, Goldberg included” – was that a joke? Reply Link Rose 21 February 2014 at 14:38 SJB (or KWM?) PR machine in full swing late last night. Defensive much? Reply Link Anonymous 21 February 2014 at 14:48 TBC@ 9:06: Vinson & Elkins LLP began in Houston, Texas, as a two man partnership in 1917, when James A. Elkins and William A. Vinson joined professional forces with a studied eye to the future. Both men were ambitious to establish a law firm that would endure, and offer other lawyers the opportunity to prosper and achieve their goals. Reply Link Anonymous 21 February 2014 at 14:58 Who is “Liam”? This is a nonsense story with nonsense comments. Don’t know who these individuals are. It’s just a chance for Berwin bashes to have a bit of fun (and Berwins itself, seemingly, given the glowing “mysterious” comments in the early hours). Do some work people. Reply Link Anonymous 21 February 2014 at 15:59 Still no idea who Vibson and Elkins are. SJB that bad, eh? Reply Link Steven 21 February 2014 at 19:13 Vinson Elkins are estate agents? Reply Link Legal 27 February 2014 at 09:41 Isn’t this all a bit….silly? 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