London office head David Dalgarno said this week: “We don’t want to maintain the rainmaker model that is typical of the London market.”
Which is a good job, because rainmakers don’t appear to want to work at McDermott.
The firm suffered another loss this week when rainmaking IP chief Larry Cohen quit for Latham & Watkins. His exit follows that of rainmaking corporate chief William Charnley, who thought his rainmaking ways would be better suited to Mayer Brown.
The steady stream of departures goes right back to rainmaking employment chief Fraser Younson, who left for Berwin Leighton Paisner (BLP) in 2005. BLP, you may have noticed, likes recruiting rainmakers: it hasn’t proved a bad strategy.
Dalgarno’s sentiments are admirable. He wants to focus on teamwork. But his efforts to disguise his mounting problems are starting to sound comical.Get the latest news and an irreverent commentary delivered to your desktop every day by subscribing to Lawyer News Daily.