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  • SLAUGHTER AND MAY vs CLIFFORD CHANCE – THE TIMES

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    There is not room for more than one Slaughter and May in London, suggests David Morley, senior partner-elect at Allen & Overy. It’s a fantastic firm, but they’re quite a bit smaller than us now. That brings its own challenges: they don’t do the same volume of deals, they don’t appear at the top of the league tables,they’ve got more to explain to potential clients.”
    After last year’s record-breaking profits at all the “magic circle” firms — Allen & Overy, Clifford Chance, Freshfields Bruckhaus Deringer, and Linklaters — it was Slaughter and May that emerged as clear winners in profitability: its highest earning partners comfortably passed the £2 million-a-year mark.