McDermott scoops team in latest round of CC NY departures

Clifford Chance’s New York exodus today shifted up a gear after a team of six corporate lawyers jumped ship for McDermott Will & Emery.

The haul includes two partners, John Lutz and David Taub who both specialise in capital markets with a particular emphasis on derivatives and structured products.

Joining Lutz and Taub, will be partner Bari Cariello, counsel Douglas Youngman and associates Robert Lynn and Issac Marcus.

The departures add to the ever-growing line of lawyers, now well into double-digits, taking leave of the firm’s New York office. However last week, Clifford Chance sustained its first losses on the West Coast when three partners resigned in the space of two days.