U.S. companies’ deep wallet and purchasing energy have plagued elite U.Okay. companies for a number of years now: cash talks and companions stroll.
Linklaters was once reminded of this thorn of their facet maximum lately with the go out of long-standing company big name Nick Rumsby to Cleary Gottlieb Steen & Hamilton in November. However given the company overhauled its lockstep machine not up to a 12 months in the past, pushed partially by means of a need to stem the ones actual type of departures, whether or not the ones adjustments have had the required impact is lately up for debate. A variety of U.Okay. companies have attempted to fight the issue with ever extra creative tweaks to their locksteps lately. Linklaters, some of the fêted ‘Magic Circle’ companies within the U.Okay., made its personal adjustments to its conventional lockstep type in December 2021.