LG has completed an overhaul of its partnership, which has seen the removal of the bulk of its salaried partner rank. The firm has concluded a consultation process that will see the majority of its salaried partners move into the fixed-share rank - a move that will eventually leave LG with a two-tier partnership structure comprising equity and fixed-share partners only.
February 24, 2010 at 07:04 PM
1 minute read
The original version of this story was published on Legalweek
LG has completed an overhaul of its partnership, which has seen the removal of the bulk of its salaried partner rank.
The firm has concluded a consultation process that will see the majority of its salaried partners move into the fixed-share rank – a move that will eventually leave LG with a two-tier partnership structure comprising equity and fixed-share partners only.
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