Freshfields to deploy second-tier lockstep for more partners as profit drive continues Legal Business7 June 2017Law firm managementPartnership As Freshfields Bruckhaus Deringer continues its profitability drive, almost a quarter of the global partnership is expected to be on the firm’s second-tier lockstep as early as 2020.Your limit of 1 article in 30 days is up. Please login for full access or subscribe. Corporate users - click here for simple access (no password needed). For more information, please contact [email protected] Related ContentMore in this categoryExternal investment trend continues as offshore leader seals private equity deal‘Anything that begins with admin is at risk’ – the pressures fuelling firms’ business services cutsThe law firms impressing clients with their commerciality – and what GCs want‘How hard are you prepared to work?’ – partners who’ve made it on how they built a book of business‘We don’t have a large ship to turn around’ – Eversheds Sutherland co-CEOs to canvas partners on strategy plansNRF to incentivise cross-border work with formalised global management committeeA&O Shearman to cut partnership by 10% and close Johannesburg base in post-merger shake-upComment: Last orders – The final reflections of a veteran legal punditComment: 2020 forecast – City giants forced to offer flexible partnership