Freshfields Bruckhaus Deringer is voting on its plans to introduce a conduct committee and an accompanying protocol that includes a financial penalty for bad behavior, according to people with knowledge of the process.

The Magic Circle firm drew up plans in October to usher in a new ‘conduct protocol’, through which the firm’s management team could levy a 20% profit share cut for 12 months on partners who are subject to an internal investigation process that results in a final warning about their behavior.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]