The new leader has scheduled a vote on slimming the management committee from 16 to nine next month. What’s more, the firm’s partners seem pleased. It is what they elected Layton for, over real estate finance partner Andrew Carnegie and Paris chief Yves Wehrli, after all.
What will it mean for those on the committee, including new corporate head Guy Norman? Nobody knows as yet, but partners are busy talking over the changes ahead of the vote next month. One thing’s for sure, Layton has big plans. If his manifesto is anything to go by it’ll soon be time to scrap those salaries partner bands.
Watch this space, Layton’s broom is coming through.
Also on TheLawyer.com:
- AIM-listed Fairpoint set to ramp up legal offering after Simpson Millar acquisition
- Taylor Wessing cashes in on new client for £308m FDM listing
- Magna Carta – what is there left to celebrate?
|Employment: IBB Solicitors: Holiday pay still due on death|
|Litigation: Dentons: Van Helden: private piano lessons not eligible for tuition tax credit|
|Intellectual property: Shepherd and Wedderburn: FIFA’s trademark tactics for Brazil|
|Media: Gateley: The increasing cost of the beautiful game|
|Real estate: Nabarro: No special treatment for landlords in review of pre-packs, but ‘clean-up’ recommended|