Clifford Chance pays management an average of £1.19m
Clifford Chance has paid an average of £1.19 million to the partners and employees on its management committee during the 2011-12 financial year, totaling a payout of £19m for the committee’s 14 partners and two employees.
The amount spent on the management committee, which was revealed in the firm’s LLP accounts filed at Companies House, was 10 per cent higher than the sum of £17.3 million spent on the committee last year.
A firm spokesperson said: “Remunerations of partners on the management committee is exactly in line with the rest of the partnership. It’s same same remuneration model.”
Non-partners saw their salaries rise 5 per cent from £425.1m in 2010-11 to £444.5m in 2011-12.
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