Oppenhoff lawyers may be asked to pay back bonuses

October 20, 2013 Lawyers at German firm Oppenhoff, which was launched by lawyers from Linklaters in 2008, may be asked to give back part of their bonuses to fix a budget problem in the firm’s accounts.

Last year the group of 25 senior associates and salaried partners were given bonuses based on projected profits, but since a lot of work done in 2012 wasn’t billed until 2013 the firm ended up under budget for the year.

The firm’s management is now considering whether to put 2012 and 2013 together to calculate a single bonus for the two year period, which would mean that the affected lawyers might have to repay up to €15,000 each in the short term.

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