Pinsent Masons is considering asking its partners to contribute extra capital to the firm in an effort to shore up its finances. The national firm is currently consulting with partners about whether it should conduct a cash call in the autumn. It is also debating whether it should increase the amount of money partners are expected to contribute to the firm per equity point when they join the equity and as they move up through the lockstep.
August 04, 2009 at 04:32 AM
1 minute read
The original version of this story was published on Legalweek
Pinsent Masons is considering asking its partners to contribute extra capital to the firm in an effort to shore up its finances.
The national firm is currently consulting with partners about whether it should conduct a cash call in the autumn. It is also debating whether it should increase the amount of money partners are expected to contribute to the firm per equity point when they join the equity and as they move up through the lockstep.
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