Freshfields Bruckhaus Deringer’s plan to overhaul its financial results is motivated by a desire to break apart from its Magic Circle rivals, according to the firm’s senior partner Georgia Dawson.

Freshfields announced its latest results on 26 July, but said that it would be the last time it shared numbers with the media. The firm said it will still file its accounts to Companies House later in the year, as required by law, but will diverge from the tradition shared by London's elite law firms.