Elite Paris firm Gide Loyrette Nouel has voted to absorb the majority of its international partnership into its equity, a move that has thrown its acquisition talks with Ince & Co France into doubt.
According to three people with knowledge of the matter, the move to promote “an astonishing number” of existing salaried partners to the equity, decided last week at a partner general meeting, means Gide’s partnership is now “made up mostly of owners.” It has 96 partners listed on its website, 26 of whom are based outside France, including five in London.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
