CC poised to introduce all-equity partnership model

Griffiths, Catrin; O'Connor, Joanne
June 2005
Lawyer;6/13/2005, Vol. 19 Issue 23, p1
Trade Publication
The article reports that Clifford Chance LLP is set to unveil some radical proposals, which would see the firm become an all-equity partnership as part of its overhaul of the global lockstep. The lockstep review committee at Clifford Chance, led by real estate head Cliff McAuley, has drawn up a plan that will be put to a partnership vote in the autumn of 2005. It is being said that any proposed move to an all-equity partnership will be conditional on stretching the global lockstep.


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