Two top U.K. firms with U.S. aspirations are getting serious about making headway in the American market — and one is going so far as to re-evaluate the lockstep system of compensation.

In December megafirm Freshfields Bruckhaus Deringer tapped Theodore Burke, the 45-year-old American head of its New York office, to become chief executive in May. Burke will replace Londoner Hugh Crisp, who Freshfields says is stepping down for personal reasons. Burke would say only that he was “surprised” by the appointment and declined further comment.

This content has been archived.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

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]