Although a late-breaking client conflict has delayed a decision on whether New York’s Rogers & Wells L.L.P. will merge with the British firm Clifford Chance, the American firm has already begun a cost-cutting campaign to become a more profitable operation.

The 377-lawyer Rogers & Wells, which averages partner profits of $645,000, according to the American Lawyer magazine, has begun closing unprofitable overseas operations, said one partner. The firm shed a lawyer who worked out of a non-Rogers & Wells Singapore office, and it’s debating whether to shut its 21-lawyer Paris outpost.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]