Simmons & Simmons is restructuring its partnership in an effort to boost profitability, with around 10% of the firm’s equity to be affected. Around 12 equity partners are likely to either be asked to leave the firm altogether, to step down from the equity, or will receive a formal warning for underperformance.
February 16, 2012 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Simmons & Simmons is restructuring its partnership in an effort to boost profitability, with around 10% of the firm’s equity to be affected.
Around 12 equity partners are likely to either be asked to leave the firm altogether, to step down from the equity, or will receive a formal warning for underperformance.
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