What do FIFA and several of the world’s largest law firms by revenue have in common? Write your own punchline, but the correct answer here is the Swiss Verein model.
And indeed, much like FIFA, for the globetrotting firms which employ the Verein model, controversy abounds at every turn. Since Baker McKenzie became the first law firm to pursue a Verein in 2004, members of traditional partnerships have looked down their noses.
