The firm continues to tap taxpayer money despite its profit per equity partner rising 16% to $1.53 million.
July 12, 2021 at 05:33 AM
4 minute read
Reporter
Reed Smith, which generated profit per equity partner of $1.53 million in 2020, is one of several law firms that continue to take advantage of U.K. government furlough support, over a year after the scheme was first introduced.
The latest data, released by the government in July, shows that numerous law firms have been claiming furlough support until at least April this year — the latest month for which data is available.
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