Feb 12: DAVID CHILDS on partnerships and billable hours

Part 1, February 12 2009: David Childs, global managing partner of Clifford Chance, talks to Chrystia Freeland, US managing editor, about the capital call of his partners, the exposure of partnerships to risk, the possibility of redundancies at his firm, globalisation, which areas of his business are growing and whether billable hours will be a victim of the recession.