Eversheds is to lift its suspension of profit payouts to equity partners following a freeze of distributions that lasted six months. Eversheds partners will receive their quarterly profit distributions, with the cycle starting again this month after the firm decided last year to suspend scheduled quarterly payouts for November 2008 and February 2009.
May 28, 2009 at 01:23 AM
1 minute read
The original version of this story was published on Legalweek
Eversheds is to lift its suspension of profit payouts to equity partners following a freeze of distributions that lasted six months.
Eversheds partners will receive their quarterly profit distributions, with the cycle starting again this month after the firm decided last year to suspend scheduled quarterly payouts for November 2008 and February 2009.
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