Sentences with phrase «cent of firms de-equitized»
Around nine per cent of firms de-equitized partners in the last year, while the Heenan Blaikie LLP collapse (read more in this month's cover story) is fresh in everyone's minds.
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According to an American Lawyer report on the top 200 firms in the country released in December, 39 per cent of managing partners said their firms de-equitized partners in 2011, and 38 per cent planned to de-equitize more in 2012.