Categories:Funds

Skadden kicks off City funds team with Macfarlanes hire

  • Print
  • Comments (10)

Readers' comments (10)

  • The Macfarlanes exodus continues... There must be big trouble at t'mill.

    Unsuitable or offensive? Report this comment

  • Utter rubbish. The Macfarlanes funds practice is a class act – as far as I understand, the departing partner will not be taking any clients. It’s just another case of a bright partner being lured by the big $. Could be a good career move for him, but then again it might not...

    Unsuitable or offensive? Report this comment

  • @Anonymous 2.23pm is missing the point. It's not "just another case of another partner being lured" by the dollar. That is the issue, the American firms have the money and even more importantly they have the clients. Look where the lawyers have come from, Clifford's (Weils), SJ Berwin (Proskauer, Kirkland, O'Melveny), Travers Smith (Proskauer) and now Macfarlanes. Stephen Sim's move is not a flash in the pan! I'm not at an American firm but it's easy to see where the trend is going.

    Unsuitable or offensive? Report this comment

  • @ Anonymous | 21-Sep-2011 2:23 pm - I presume that you are a Macfarlanes partner.
    For a firm of Macfarlanes' size to suffer five partner defections in barely a year is a sign of severe, firm-wide, problems. No amount of PR gloss can prevent outsiders from seeing the obvious.

    Unsuitable or offensive? Report this comment

  • There have been quite a few departures from Macfarlanes over the last year or so. Are they all jumping or is there some pushing going on?

    Unsuitable or offensive? Report this comment

  • Its just being picked to pieces over time by bigger firms with better platforms and more money. The same as Travers. Too small, no strategy, no international business and the big money shared by too few partners. Macfarlanes are an irrelevance in the new age of clients who want global coverage.

    Unsuitable or offensive? Report this comment

  • @ Anonymous | 21-Sep-2011 7:09 pm - The only strategy seems to be for the top of equity to make as much money as they can before retirement.
    The firm is unlikely to exist in ten years' time, it is getting left behind at an increasing speed.

    Unsuitable or offensive? Report this comment

  • They were being written off in similar terms in the late 80s. They haven't done badly since.

    Unsuitable or offensive? Report this comment

  • The problem for Macfarlanes is that it is too big to be a boutique, Travers is a lot smaller. It is not a cohesive enough culture, again unlike Travers. Big firms don't always win, Dickson Minto does alright, because it is clear about what it does and does it well. Macs have become too generalist and hiring senior guys in real estate only goes to prove it.

    Unsuitable or offensive? Report this comment

  • Too big to be a boutique, a dwarf compared to the largest firms, Macs is holded below the water line and taking on water fast. The rats are starting to jump...

    Unsuitable or offensive? Report this comment

Have your say

Mandatory Required Fields

Mandatory

Comments that are in breach or potential breach of our terms and conditions in particular clause 8, may not be published or, if published, may subsequently be taken down. In addition we may remove any comment where a complaint is made in respect of it. These actions are at our sole discretion.

  • Print
  • Comments (10)