Sheldon H. Alster

One Liberty Plaza: a tower of dark secrets?

It’s official: Cleary Gottlieb is no longer boring. The elite and esteemed firm is now exciting as well.

In the past few months, Cleary has generated enough drama to fuel a law firm soap opera — think “All My Associates” or “The Biglaw and the Beautiful” (on second thought, save the latter title for Davis Polk). Cleary has witnessed a mysterious partner departure, support staff vanishing into the ether, and a summer associate dismissed due to his disturbing past.

Yesterday, the drama at One Liberty Plaza continued. A terminated employee rose from the cyber-grave to haunt the living — before he was electronically exorcised by the powers-that-be….

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Many fine things can be said about Cleary Gottlieb. It’s prestigious (#8 in the latest Vault rankings). It’s profitable (#10 in the recently released Am Law 100 profit-per-partner rankings). It’s pleasant, known for a nice firm culture.

So what are the downsides of Cleary? Here’s one: the firm might be a bit… boring.

As you can see from our archives, we don’t write that much about Cleary. And when we do, it’s not always exciting stuff — e.g., Cravath-matching bonunses. Yawn.

Well, today we bring you some news about Cleary that might be at least slightly juicy: a mysterious partner departure, and possible stealth layoffs….

UPDATE (2:30 p.m.): Now with an important update, a statement from the partner in question.

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