Eight partners will be leaving Clyde & Co’s San Francisco office in favour of setting up their own firm in the US.
As reported in RollOnFriday, the partner group led by Joan D’Ambrosio and Bill Casey, focuses on insurance coverage and monitoring work. The team includes Christina Terplan, Julie Hawkinson, Jamie Narbaitz, Christina Marshall, Eric Moon and David Jordan who will also be leaving the firm.
D’Ambrosio’s team is focused on tech errors and omissions and cyber coverage and monitoring work, while Bill Casey’s group focuses on coverage and monitoring for architects, engineers and lawyers.
The departure of the group, which joined the firm in 2008 from Duane Morris, means that the firm’s San Francisco office will have close to 100 people and 13 partners in total.
A spokesperson for the firm said: ‘We wish the team well as they set up an independent law firm and are working amicably and constructively with them to achieve as smooth a transition as possible for all parties.’
Of its ‘leading US insurance coverage practice’, the spokesperson added that the team was ‘one of the largest in the country, with 70 partners, 250 legal professional and 450 people across ten offices. The US practice has experienced compound annual growth of over 20% in the past ten years and is now the firm’s largest region outside the UK, accounting for 23% of firm wide revenue.’
Earlier this week, Clydes confirmed the resignation of six shipping partners from its global marine group in London. That team will also be leaving to establish its own boutique firm, Preston Turnbull. Ed Mills-Webb resigned with immediate effect, while Andrew Preston, co-chair of the firm’s Latin American strategy Elizabeth Turnbull, Fanos Theophani and Rob Collins will also be leaving.
Muna.abdi@legalbusiness.co.uk