Clifford Chance (CC) is consulting partners on plans to amend its termination policy to allow a quicker exit for restructured partners by cutting their so-called improvement period. The consultation was launched in April with a memo sent out to partners proposing the partnership deed be amended to allow management to shorten the consultation period and lengthen the notice period in some partner terminations.
May 08, 2012 at 09:09 AM
1 minute read
The original version of this story was published on Legalweek
Clifford Chance (CC) is consulting partners on plans to amend its termination policy to allow a quicker exit for restructured partners by cutting their so-called improvement period.
The consultation was launched in April with a memo sent out to partners proposing the partnership deed be amended to allow management to shorten the consultation period and lengthen the notice period in some partner terminations.
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