The magic circle’s struggles to attract expensive US talent are well-documented, but recent evidence suggests the UK’s legal elite might be ready to push the boat out a little further in their efforts to make an impact in the States.
As we reported last week, Clifford Chance (CC) has broken its core lockstep in both New York London in recent months, using its ‘super-point’ tier to reward star performers, while magic circle rival Allen & Overy has made a significant move in the US with the hire of a three-partner Paul Hastings New York finance team, after breaking lockstep last summer for a team of high-profile finance hires.
