Linklaters To 'Restructure,' Could Lose 35 Partners

Law360, New York (December 8, 2011, 9:17 PM EST) -- U.K.-based law firm Linklaters LLP is preparing to significantly "restructure" its partnership, with as many as 35 partners, or 8 percent of the firm's total equity partners, that could be departing, according to Thursday news reports.

According to Legal Week, the Magic Circle firm has not released any formal indication of how many will leave, but those who do will "consist of a combination of exits and de-equitisations."

One partner told the publication that up to 20 London-based partners might leave and that the firm's transactional...
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