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One of the founding partners of Haarmann Hemmelrath, Wilhelm Haarmann, is the leaving the firm he set up following a make-or-break meeting with managing partners over the weekend.
In a statement issued to The Lawyer, Haarmann put his decision to leave down to differences in opinion over the ‘strategic orientation” of the firm.
He said: “In light of the developments during the past years termination was inevitable for me.”
Last year the firm changed its ‘eat what you kill’ style remuneration into a lockstep system following a vote by partners.
In response to the departure, Jeff Thinnes, member of the management board of Haarmann Hemmelrath, said: “We of course regret the resignation of Wilhelm Haarmann, but we also understand and accept his personal decision.”
Haarmann’s tenure as a partner will end 30 June 2006.