SJ Berwin suspends profit distributions after profit plunge

UK law firm SJ Bewin has suspended quarterly profit share payments to partners after partner profits fell from £802,000 to £410,000. However, partners still receive their monthly drawings of £12,500 to £17,000, which amounts to 25 percent of the average partner’s annual compensation.

SJ Berwin suspends profit distributions after profit plunge business.timesonline.co.uk business.timesonline.co.uk Sat, Sep 5, 2009

Related Lawfirms

SJ Berwin LLP

Related Tags

SJ Berwin Profits PEP Partner