Dozens of lawyers in Clyde & Co's San Francisco office have quit en masse to set up a new firm, RollOnFriday has learned.
Eight partners have resigned. Joan D'Ambrosio, Christina Terplan, Julie Hawkinson, Jamie Narbaitz, Bill Casey, Christina Marshall, Eric Moon and David Jordan are understood to be departing with around 30 lawyers.
D'Ambrosio’s team was focused on tech errors and omissions and cyber coverage and monitoring work, while Casey’s group focused on coverage and monitoring in the architects, engineers and lawyers space. The loss will slash Clyde & Co's San Fran office by approximately a third. The denuded office will have close to 100 people and 13 partners.
"I can't believe we got 40 people in the trunk."
In a statement the firm told RollOnFriday, "We wish the team well as they set up an independent law firm and are working amicably and constructively with them to achieve as smooth a transition as possible for all parties."
RollOnFriday understands the lawyers are leaving to set up a new firm. If so, it means two groups of Clydes lawyers have absconded to set up boutique practices in one week.
Comments
Sounds like something fishy's been going on at Clydes...
I've heard the US branch of the firm is cratering.
"I've heard the US branch...blah, blah, blah"
At least check your facts before you troll. They've more than one office. Durhhhhh !
Woah, that's a lot of leavers
Clydes’ star has fallen.
Gc wont be happy
It's been run as close to the line as possible in every sense for decades. Every corner cut to maximise cash flow which is king for Clydes. Dog eat dog environment.Now Hasson has walked because he won't share power with a real senior partner (the last two have resigned prematurely) and the wheels are going to come off quickish.
If cash flow wasnt king anonymous 22/9 clydes would be halliwells u can say what u like about the place but at least its solvent stupid comment