Edwards Wildman Palmer team threatens to quit over pay
Edwards Wildman Palmer in a pay dispute.
According to reports, the team claims that it ought to be compensated at a different level to their colleagues because of the financial success of the team. The five, whose names have not been released, have apparently been in talks with a number of firms in recent months.
London managing partner Nick Bolter is reportedly in discussions with the partners, but has said that he does not expect to change the office’s compensation structure in order to suit their concerns.
A spokesperson said that “it is likely that a few partners in our London office may cease to be a part of our firm between now and the end of the year. While certain of these departures may be regrettable, others are largely the result of the firm concluding that there is simply not a good practice fit.
“In order to expand and deepen our core practices, the firm has developed a strong global platform with 16 offices on three continents. London is obviously an extremely important part of that platform, and we are completely committed to growing the office consistent with our core service offerings.”