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 categoryEQT selects global relationship firms as PE giant targets closer ties with key advisersLaw firmsWill Lewallen10 Jul 2026Sky’s the limit for HSF Kramer and Freshfields as pair take lead roles on £1.6bn ITV acquisitionLaw firmsKate Peacock6 Jul 2026Revolving Doors: latest laterals for Paul Hastings, McDermott, Proskauer and moreLaw firmsNews Editor6 Jul 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