MBRM’s equity partners become hot potatoes
Despite the most enduring M&A boom for years, it seems that sacking equity partners is all the rage. The City was just getting over The Lawyer’s February revelation that Freshfields Bruckhaus Deringer would be getting rid of 100 partners, when The Lawyer hit the stands today with news of a Mayer Brown Rowe & Maw (MBRM) plan to chop 45 equity partners. See story.