Cornell to step down from Clifford Chance

Peter Cornell, head of international law firm Clifford Chance, is to step down at the end of the financial year.

He has decided not to run for re-election and the firm's 569 global partners will now vote on a successor, to take over in May.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire