n Without Prejudice - Opening a can of worms : management
|Article Title||Opening a can of worms : management|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Publication Date||Oct 2007|
The decision by the partners of UK magic circle law firm Freshfields to replace their extremely lucrative partner annuity provisions with a less generous arrangement has opened a can of worms. One of its partners, Peter Bloxham, said this was linked to significant 'size and shape' restructuring. A consequence says Clare Murray in Legal Week, was that, he was effectively bounced, at short notice and with no consultation, into retiring prematurely at 54. This article is a summary of Murray's opinion piece (Legal Week, Aug 9).
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