Davis Polk, home of stealth layoffs, will permanently close its office in Frankfurt, Germany in August.
The office’s long-time resident partner, Patrick Kenadjian, is retiring at the end of the year. His successor, Harald Halbhuber, has decided to leave the firm as well.
Much of the office’s work will be taken over by Davis Polk’s 31-lawyer London office.
Two associates and one counsel at the Frankfurt office have been offered other positions with the firm.
Davis Polk & Wardwell is an international law firm headquartered in New York. The firm employs more than 700 attorneys and is primarily known for its corporate, litigation and tax practices.