Fri, 24 May 2013
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Freshfields Bruckhaus Deringer PEP surges 39 per cent
average and top equity
Although exchange rates have made a big difference the key factor is keeping equity tight. Freshfields has made far too few partners up over the last few years as well as shedding large numbers. This is a difficult model to sustain. When more of the numbers come out ,compare the top of the equity with the average and you will see a smaller difference for Freshfields than other magic circle firms. This points to problems ahead.
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