Neil Whoriskey, a veteran Cleary Gottlieb dealmaker, has joined Milbank as a partner in its New York office.
Whoriskey served as co-chair of Cleary’s M&A practice and its corporate advisory practice before his departure, according to Milbank.
His exit comes less than a year after fellow Cleary senior M&A partner Ethan Klingsberg left for Freshfields Bruckhaus Deringer, bringing three other team members with him.
Klingsberg’s departure raised questions about the strict lockstep partner compensation model used by Cleary and a handful of other Big Law firms. This seniority-based model doesn’t allow firms to pay extra for top business generators.
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