SJ Berwin is on track to repay its withheld partner distributions within a year, with the first two monthly instalments paid out as planned. Partners have indicated that at the current rate, the firm could pay back the money due to partners within 10 months after beginning repayments in March 2010. This would be in line with initial hopes by management, which had targeted paying back the whole sum within one year.
May 11, 2010 at 12:50 AM
1 minute read
The original version of this story was published on Legalweek
SJ Berwin is on track to repay its withheld partner distributions within a year, with the first two monthly instalments paid out as planned.
Partners have indicated that at the current rate, the firm could pay back the money due to partners within 10 months after beginning repayments in March 2010. This would be in line with initial hopes by management, which had targeted paying back the whole sum within one year.
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