Finers Stephens Innocent has reintroduced its senior partner role following a major strategy review. Property partner Melvyn Orton has been appointed to the three-year post, in which he will be responsible for determining the firm’s strategy and partner appraisals. Orton stood down as the firm’s head of property at the end of September. The firm’s previous senior partner Peter Jay resigned in 2002.
Freshfields’ profit reveals subplot
Will the champagne corks pop today at Freshfields when it’s confirmed as the world’s most profitable firm? Probably not. There’s no doubt that making £432m profit is a good result in anyone’s book, but deeper digging reveals a few things. As Jomati’s Tony Williams puts it: “The figures suggest Freshfields hasn’t got its gearing model […]
