UK firm blames financial implications of Brexit as it holds back profit distributions and defers pay reviews until the autumn.
August 05, 2016 at 05:47 AM
1 minute read
Partners at Addleshaw Goddard will see their next profit distribution deferred, with the firm also delaying all pay reviews until “early autumn” – blaming Brexit for the decision.
All lawyers at the firm – including fixed share partners expected to learn their share of profits – have had their August salary reviews postponed, while equity partners’ next profit distribution has also been delayed.
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