Field Fisher Waterhouse (FFW) has rejigged its partnership structure, with the City firm taking capital contributions from some of its fixed-share equity partners in exchange for voting rights.

The overhaul, which took place earlier this year, effectively rids the firm of a three-tier partnership structure, which comprised a tier of full equity partners and two tiers of fixed-share partners, some who contributed capital and others who did not.

Under the new structure, virtually all of the firm's partners will now be either equity partners or fixed share partners making capital contributions and holding voting rights.