Morrison & Foerster sets sights on increasing profits and breaking into New York market
May 24, 2006 at 08:03 PM
1 minute read
The original version of this story was published on Legalweek
West Coast giant Morrison & Foerster (MoFo) has stepped up its drive to improve its profitability as it emerges the firm has introduced a new tier of salaried partners in addition to de-equitising around 50 partners.
The firm has introduced the new level to its lockstep, which will now see one tier of salaried partners receive a lower fixed share of the equity than the next.
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