Sentences with phrase «salaried partners for»

All of those leaving in London handed in their notice ahead of new worldwide rules that double the notice period for equity partners and introduce a 30 - day notice for salaried partners for the first time.

This issue of status may apply whether the person in question is only likely to be a salaried partner for a short transitional period, or for life.

Not exact matches

RollOnFriday also compiled pay figures for new salaried partners and found huge disparities.

The firm, which has seen seven London partners hand in their notice in recent days and dozens leave around the world over the last two years, has also introduced a 30 - day notice period for its large salaried partner rank.

King & Wood Mallesons (KWM) is asking its salaried partners to contribute capital for the first time, following a review of the firm's finances that will also see equity partners paying in more cash.

The firm has asked its salaried partners to contribute capital for the first time, to the tune of # 60k each.

Ultimately, therefore, although the transfer to LLP status may be complex where salaried partners are concerned, it is as much in their interests as those of the equity members for the transition to be effected.

In contractual terms, he remains liable for pre-transfer debts to which he was exposed by reason of his position as a salaried partner.

New salaried partners are invited, for the first time, to partners» meetings, and are give the opportunity to show how they will function as managers of the firm.

The firm has also asked salaried partners to contribute capital for the first time.

Traditionally, partners shared directly in the profits of the firm, after paying salaried employees, the landlord, and the usual costs of furniture, office supplies, and books for the law library (or a database subscription).

For example, in many firms, the «strategy» recently has been to appoint new partners not as equity partners but as salaried or fixed share partners (or similar variations on that theme).

HR business partner and site Safety Specialist for Manchester, NH plant supporting manufacturing and distribution operations with a client base of 80 bargaining unit employees (IBEW) and 23 salaried employees.