Freshfields continues profitability drive with second-tier lockstep

June 8, 2017 Three years after introducing a second-tier lockstep system, Freshfields Bruckhaus Deringer is expected to bring nearly a quarter of its partnership on the new track by 2020. When the tier was introduced, less than 10% of the firm’s 400 partners were on the second-tier track.

The firm expects to have around 100 partners on the track, which ranges from 10 to 30 points, by 2020. The second tier currently includes partners in Germany and Japan, along with practices such as finance, intellectual property and employment.

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