British legal giant Clifford Chance is closing its San Francisco and Los Angeles offices after partner defections to Orrick, Herrington & Sutcliffe. Clifford Chance said the closings were due to lower-than-expected profitability from the securities litigation group recruited two years ago from now-defunct Brobeck, Phleger & Harrison, but one Orrick-bound partner linked the exodus to Clifford Chance's failure to expand West Coast operations.
Clifford Chance Closes Two West Coast Offices
New York Law Journal
June 22, 2004