Linklaters’ capital repayments to partners fell by 75% during the last financial year, with the firm paying out £12m less during 2013-14 than the previous year, when payouts increased as a result of the firm’s controversial 2012 partner restructuring.
Limited liability partnership (LLP) accounts recently filed with Companies House, show that in the 2012-13 financial year net capital returned to Linklaters’ members totalled £17.1m, but this dropped to £4.5m during the last financial year – a fall of nearly 75%.
