Clifford Chance (CC) is set to cut a number of partners globally, with the firm today (4 February) announcing an extensive review into the size and shape of its partnership.The review, which comes as magic circle rival Linklaters also prepares to cut some 35 of its partners, will need to go to the partnership for approval before the cutbacks can be implemented.CC said the review, which is being led by the management committee and the partnership council, is likely to result in partners - both salaried and equity - leaving the firm by the end of the calendar year.
February 05, 2009 at 12:53 AM
1 minute read
The original version of this story was published on Legalweek
Clifford Chance (CC) is set to cut a number of partners globally, with the firm today (4 February) announcing an extensive review into the size and shape of its partnership.
The review, which comes as magic circle rival Linklaters also prepares to cut some 35 of its partners, will need to go to the partnership for approval before the cutbacks can be implemented.
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