Akin Gump Strauss Hauer & Feld is shifting its firmwide partnership to an all-equity structure from January next year, following an extensive consultation with the US firm’s partners.

The New York-based firm has more than 300 salaried and equity partners in 19 offices around the world, of which around half are salaried. As of 1 January this year, the firm had 16 partners in London, of which 12 were full equity.