Dundas & Wilson has overhauled the way partners pay capital into the firm, bringing in a new two-tier system that sees all partners put in total capital contributions of either £230,000 or £130,000. The new structure, which the firm began implementing last year, sees new partners pay in the lower level of capital in one payment while the bulk of partners contribute the larger amount.
February 28, 2013 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Sliding scale cut in favour of two-tier contribution structure
Dundas & Wilson has overhauled the way partners pay capital into the firm, bringing in a new two-tier system that sees all partners put in total capital contributions of either £230,000 or £130,000.
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