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Freshfields banks on White & Case rebels

W&C de facto de-equitization It is banal to say that the W&C partners in London are attracted to the pound; currency disparities lie at the heart of W&C's reporting of PEP in dollars. The more fundamental problems go to the massive inefficiencies in associate/partner effective productivity levels (the associates are notably inefficient producers at W&C, on a comparitive basis) and the profound malaise suffered by junior partners and mid-level partners who are being de-equitized on a de factor basis (i.e., they are being shoved, if not kicked, down the W&C pyramid of tiered equity partners). The W&C London team is commercial, savvy and dynamic - W&C, generally, is not.

6-Jun-2008

1:17 am