King & Wood Mallesons has held off on paying out profit distributions to its partners once again, following the recent vote to recapitalize the firm.
KWM overhauled its profit distribution structure earlier this year and moved to a monthly payment system. Until June, distributions had been paid out by the end of each month at the latest. But no partner profit distribution was made in July.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]