Global giant Clifford Chance is closing its San Francisco and Los Angeles offices because they do not make ‘a good fit’ with the rest of the firm, it announced this week.
The offices - comprising 27 lawyers, with nine partners in San Francisco and two in Los Angeles - will be wound down, with eight of the partners heading for US firm Orrick Herrington & Sutcliffe. The offices specialised in securities litigation, real estate and corporate work.
Clifford Chance’s managing partner, Peter Cornell, said: ‘We have mutually agreed with the teams that they will more effectively pursue their aims with another firm.’ He added the closures would ‘sharpen’ Clifford Chance’s US practice.
A spokeswoman for Clifford Chance added: ‘It was hoped the offices would build a more transactional practice... and it was decided that those groups, while they were successful, were not developing in that way.’ The firm’s other California offices in Palo Alto and San Diego will remain open.
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