Rowe & Maw has won its battle for the hearts and minds of three corporate partners who were on the point of joining Clifford Chance.
Last month, The Lawyer revealed that highly rated partners Paul Maher and Simon Baxter had resigned from the firm. Two other partners – Andrew Copley and Peter Dickinson – were considering following them.
But Maher, Copley and Dickinson have all now decided to stay put and the firm is still trying to persuade Baxter, a competition partner based in its Brussels office, that his future is also with the firm.
Maher has been promoted to head of a re-merged corporate department, which had previously been split into two teams led by Maher and Stephen Bottomley.
Maher has already presented to partners his strategy for the future of the department, which involves creating a team capable of rivalling firms like Ashurst Morris Crisp, Travers Smith Braithwaite and Macfarlanes.
Denying suggestions that the about-turn by the three partners had not been universally welcomed by all of the corporate department, Rowe & Maw marketing director Chris Pullin said: “The general feeling is that these partners are extremely valuable to the firm.”
Clifford Chance refused to comment.