Clifford Chance

Former Clifford Chance Attorney in the Cast for This Season’s ‘Apprentice’: Laid-off Edition

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Donald Trump knows what it is to be down but not out. We’ve lost track of how many times he’s filed for bankruptcy. But he is a phoenix, who always arises from the Chapter 11 ashes, his flaming reddish hair unruffled.

Now Trump wants to offer the same opportunity to other high-flyers who were knocked down by the recession. The upcoming season of “The Apprentice” has a cast of those left jobless in the recent economic collapse.

When they were casting for the show, the producers reached out to Above the Law in the hopes of nailing down a laid-off lawyer for the cast.

The show was taped this summer. And it appears they found themselves a shiny, new laid-off legal eagle (UPDATE on July 23: Two of them, actually.) The producers haven’t released the official cast list yet, but our tipsters recognized one of the contestants in an ad plugging the show (via Popwatch):

So who is the lawyer, and what does his résumé look like?

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Clifford Chance: Cancels Hours Requirement for Bonuses in London, But No Change in NYC

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This morning, the Lawyer reported that Clifford Chance was changing the requirements for associate bonuses in London:

Clifford Chance is set for a radical overhaul of its associate bonus system, with the maximum award now open only to senior associates and payments no longer based primarily on hours worked….

A spokesperson for ­Clifford Chance said: “While billable and investment hours continue to be ­important, the bonus will not be directly linked to achieving a target number of hours. We’ll weigh a ­number of factors to ensure a balanced and flexible bonus scheme.”

Dear Lord, it looks like the American epidemic of moving towards merit-based compensation just hopped a transatlantic flight.

But don’t worry Clifford Chance New Yorkers, your bonus requirements will not be affected by the changes in London…

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Nationwide Layoff Watch: Clifford Chance’s New York Office Braces Itself

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clifford chance above the law.jpgLast night, Magic Circle firm Clifford Chance announced that Mark Kirsch, the firm’s U.S. litigation leader, is leaving the firm’s New York office. It’s unclear where he will be going next or if this is part of the trimming of the partnership ranks that Clifford Chance warned about back in February.
Given his departure, a source within the firm tells us that Clifford Chance is looking hard at the 29 associate positions in New York’s litigation group. There will be layoffs, though the total number is not yet clear. The firm plans to move quickly so those associates being let go will know who they are soon.
This is the second round of bad news for associates in the New York office within a matter of months. In March, the firm laid off 24 of its New York associates.
The firm made the announcement of impending layoffs and sent around a memo last night. The memo emphasizes that litigation in D.C. is still very strong. The new U.S. litigation practice leader has already been chosen: Juan Morillo, who is based in the nation’s capital. Read the full memo, after the jump.

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