Here’s the most comprehensive bit we’ve heard from a tipster:
[N]o longer at CWT anymore (thankfully), but I did hear that Chris White (the Partner who deposed Link) is attempting a major realignment of practice groups. Apparently he wants to move the Corporate department into the Real Estate and somehow make it a sub group. As expected, this is not going over well with the Corporate partners (imagine Dennis Block being told he needs to move?) and there’s all kinds of infighting and threats from the Corporate partners in regards to this.
Is this the source of the rumblings we’ve been hearing? We’ll update you as we find out more information.
UPDATE #2: This tip just came in the comments from someone in the office at Cadwalader today:
I’m in the office today and something is definitely going on. There is absolutely no work going around. I asked a partner if everything was OK and he told me to mind my own business. This is not a joke. I also have some friends at other firms (Milbank) who say that they are also extremely slow.
So, we have confirmation that “something” is going down. Could this be just another slow Friday, or are we on the verge of a serious scandal?