The firm is the latest to seek greater flexibility and move away from large, rigid partner distributions at a time when margins are tight.
December 01, 2020 at 05:53 AM
1 minute read
Reporter
Linklaters has done away with its quarterly profit distribution model in favour of more frequent pay-outs to partners.
Distributions will now be paid out on a bi-monthly basis and will consider its cash flow situation, following approval by the firm’s partnership, according to a person with knowledge of the process.
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