Herbert Smith Freehills is overhauling its notice period in the wake of the merger between the two firms which went live in October, with the new six-month term halving the notice period previously in place at legacy Herbert Smith. Partners at both firms approved the change, which is in the process of being implemented, as part of the merger terms. The six-month term, which will be imposed at the discretion of the firm, effectively doubles the notice for legacy Freehills partners exiting, as they were previously subject to just three months.
December 06, 2012 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
New partner exit rules set at six months for newly merged firm
Herbert Smith Freehills is overhauling its notice period in the wake of the merger between the two firms which went live in October, with the new six-month term halving the notice period previously in place at legacy Herbert Smith.
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