Law firms Freshfields to deploy second-tier lockstep for more partners as profit drive continues Legal Business · 7 June 2017 · 2 min read Law firm management Partnership Freshfields 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 categoryFreshfields private capital co-head takes UK leadership roleLaw firmsWill Lewallen14 May 2026‘The centre of gravity for Southeast Asia’ – why PE investment is making Singapore increasingly attractiveLaw firmsKate Peacock8 May 2026A&O Shearman, McDermott, Paul Weiss become latest major firms to cut staffLaw firmsKate Peacock7 May 2026‘How hard are you prepared to work?’ – partners who’ve made it on how they built a book of businessLaw firmsElisha Juttla9 Dec 2024‘We don’t have a large ship to turn around’ – Eversheds Sutherland co-CEOs to canvas partners on strategy plansLaw firmsAnna Huntley18 Nov 2024NRF to incentivise cross-border work with formalised global management committeeLaw firmsAnna Huntley24 Sep 2024A&O Shearman to cut partnership by 10% and close Johannesburg base in post-merger shake-upLaw firmsAlex Ryan6 Sep 2024Comment: Last orders – The final reflections of a veteran legal punditLaw firmsAlex Novarese9 Oct 2020Comment: 2020 forecast – City giants forced to offer flexible partnershipLaw firmsAlex Novarese19 Dec 2019