SJ Berwin to cut partners in London
SJ Berwin is set to restructure its partnership, with plans to cut a small but unspecified number of partners across the London office.
An SJ Berwin spokesperson said: “As with all law firms, we actively manage the partnership. This is an ongoing process to ensure that the size and structure of the organisation best meets the needs of what continues to be a challenging market.”
The move follows similar partnership restructures at other firms: Linklaters sheared around 10 per cent of its partnership in December last year, Herbert Smith de-equitised roughly 15 partners late last year, and Allen & Overy last year returned to managing around 1 to 3 per cent of its equity partnership after two years of not doing so.