Clifford Chance has a plan to aid in becoming the top international firm in the world. The firm will make cuts in its partnership. The numbers are not certain at the moment, and neither is whether the partners will actually vote yes to this proposition. Firm managing partner David Childs has little doubt, however. Both equity and salaried partners will be on the chopping block. Clifford Chance’s 16 percent attorney increase does not correspond to their small increase of profit since 2007.

Source:  www.thelawyer.com