2 former partners sue Clifford Chance over alleged compensation clawbacks

Clifford Chance is facing a federal lawsuit from two former partners who allege that the law firm asked them to repay nearly $5.8 million in compensation after they left in January.

“This action relates to the firm’s efforts to claw back plaintiffs’ already-paid and already-earned compensation, pursuant to certain provisions of the [firm’s partnership] agreements, as punitive and anti-competitive measures in apparent response to plaintiffs’ withdrawal from the firm to join Sidley Austin,” said Clifford Cone and Michael Sabin said in their June 29 complaint. READ MORE