NautaDutilh has brought in a new associate partner rank as the leading Dutch independent moves to phase out salaried partners. The first appointments are set to be made over the next few months and, unlike salaried partners -who at Nauta receive a fixed share of the firm's profits - it will be a permanent position, with associate partners unlikely to be considered for full equity partnership. The move comes as it emerges that the firm has already cut the number of salaried partners by more than half over the last three years - falling from 19 in 2005 to just nine in 2008. Its equity partnership has also reduced by more than 40% over the same period, falling from 92 to just 54
August 28, 2008 at 12:10 AM
1 minute read
The original version of this story was published on Legalweek
NautaDutilh has brought in a new associate partner rank as the leading Dutch independent moves to phase out salaried partners.
The first appointments are set to be made over the next few months and, unlike salaried partners – who at Nauta receive a fixed share of the firm’s profits – it will be a permanent position, with associate partners unlikely to be considered for full equity partnership.
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