Shane Gleghorn, Taylor Wessing U.K. Managing Partner. Courtesy Photo. Taylor Wessing Scraps Profit Share Bonuses After UK Profits Drop
The firm offered the bonus to everyone at the firm, excluding partners, in the previous two financial years.
July 07, 2023 at 08:29 AM
2 minute read
Taylor Wessing will not offer a salary-based 5% profit share to non-partners across the firm this year, after a year of more muted revenue growth.
For the previous two years, the firm has offered all its people—excluding partners—the profit share, but the firm's U.K. managing partner told Law.com International that the bonuses had been "distributed in years of exceptional circumstances".
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