UK firm Clarke Willmott puts profits back into the firm

UK firm Clarke Willmott has decided not to distribute all the profits from this year’s performance to the equity partnership. According to the firm, average profit per equity partner is up by 5.5 per cent to £172,000, but the equity partners will take home profit shares ranging from £35,000 to £163,000. Chief executive Stephen Rosser has indicated that the remainder of the profits will be used to invest in the firm.

UK firm Clarke Willmott puts profits back into the firm thelawyer.com Mon, Jul 4, 2011