White & Case partners to forge fresh African links

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  • This is news??? Sounds to me like some partners who won't go quietly in the partnership cull have agreed to go to Africa "to consolidate plans to enhance the firm’s projects and finance practice in the region" in order to keep their standing as a partner and, thus, remain on the W&C payroll for the near future. Little do those partners know that they are only postponing the day when they eventually get cut from the W&C partnership (assuming that, in fact, W&C stays afloat in the long term).

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  • What is it with the anti-W&C remarks on this site? Its not an incredible firm, but making assumptions around 'afloat', not 'afloat', etc., is just plain silly.

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  • Agree with the 11.36am poster. Some disgruntled ex-employee needs to leave it alone. W&C are weathering the storm better than most.

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  • Anonymous - let he who is without sin throw the first stone - or rock, if you will!

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  • White & Case in general and Philip Stopford in particular have long experience in African project finance transactions and initial bond issuance facilities, not to mention a close working relationship with the IFC. This is a sensible move which is true to the specialness of the W&C tradition.

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  • Nick Budd - you say "specialness" - don't you mean cake? Ha!

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  • White & Case is not the only firm to make this move. DWS has been focusing on Africa for a while now. White & Case has always been focused on emerging markets so it makes sense for it to roll out more practice groups in Africa.

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  • Anonymous (11:36am) and Anonymous (12:02pm): "W&C are weathering the storm better than most"?? White & Case has the largest number of layoffs of ANY firm in the world! White & Case is planning to cut between 10 to 15% of its partners. White & Case has lost its relationship partner for UBS and JP Morgan in London. White & Case has lost three of its most prominent partners in (including the head of) its Bankruptcy and Restructuring Department in New York - attorneys they desperately need in these troubled times. Weathering the storm better than other firms? What planet do you live on? Time to come back to Planet Earth!

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  • Dear Anonymous 4:32 am,
    I can see that being awake at 4.32am, means that you are not working. Either you were given the pink slip or you are a disgruntled student who got rejected at the Open Day stage for a TC at White & Case.
    Either way, I wish you all the best in life.

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  • Anon at 4:32 am:
    If you must compare absolute numbers (which is really silly) instead of doing a relative comparison using percentages, why is it that A&O with 260 associates laid off (plus practice group and partner carnage), CC with 220 laid off (plus practice group and partner carnage), etc., etc., is so much better than W&C with 300 associates laid off and a 10 - 15% partner cull?
    Laying 300 associates off was bound to happen - W&C is a lower RPL x higher associates model.
    Go away and be a little productive - brush the chips off you shoulder and come back with a relative analysis in terms of number of lawyers laid off as a percentage of total lawyers. Take in to account new office, old offices, closed offices.
    Also, seriously dude, get off the 'OMG, A law firm, or B Law firm has lost x and y and z partners'. While adminttedly, its not nice to lose important partners, partners come and partners go and unless they come and go in offices and droves, law firms usually carry on just fine.

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