Lockstep revolution beckons for CC

March 2004
Lawyer;3/8/2004, Vol. 18 Issue 9, p1
Trade Publication
Reports that Clifford Chance equity partners are being asked to vote in March 2004 on proposals regarding partner underperformance. Call from the management for partners to back a scheme whereby they can be moved down; Advocacy of a change to the constitution as regards expelling partners; Observation that the vote could change the way that the equity is shared out as the firm tries to improve profitability.


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