After the cut comes the job hunt. There was a time when the partners due to be shown the exit from the likes of Ashurst, Clifford Chance and Linklaters would have gravitated naturally to one of the legions of US firms looking to aggressively grow their business in London. In the current climate, such moves look far less assured.
If they’re not seeing them already, recruiters soon will notice partner CVs fluttering around the City like confetti. Despite the economic conditions, there are still a number of US firms eager to grow their London outposts, although there are far more caveats now.
