Allen & Overy (A&O) has asked a small number of equity partners to leave the partnership after restarting its annual lockstep management for the first time since a partner cull carried out in the wake of the 2008 financial crisis.
November 28, 2011 at 05:08 AM
1 minute read
The original version of this story was published on Legalweek
Allen & Overy (A&O) has asked a small number of equity partners to leave the partnership after restarting its annual lockstep management for the first time since a partner cull carried out in the wake of the 2008 financial crisis.
The magic circle firm said the move – expected to affect between 1% and 3% of equity partners – was not a restructuring and marked a return to “normal rates” of partnership management.
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