Accountancy-tied firm KLegal is pressing McGrigor Donald to sign a full partnership agreement this week under a compromise deal to put its merger back on track.
Partners at both firms received the agreement, laying out all the terms and conditions of the proposed deal on 15 February. The firms had been originally due to merge their practices in London on 1 January following a vote the previous month, but, as revealed by Legal Week, wrangles over the status of salaried partners and income guarantees have pushed back the agreement of a final deal.
