Bird & Bird net debt climbs by 17% year on year
Bird & Bird net debt climbs to €46m as pay for highest paid member increases to more than €1m
February 11, 2016 at 11:00 AM
2 minute read
Bird & Bird's net debt climbed by 17% in 2015 as the highest paid partner took home more than €1m, according to figures contained within the firm's limited liability partnership (LLP) accounts.
The accounts show net debt rose to €46m (£36m) at 30 April 2015 from €38m (£29.9m) as the highest paid member took home €1.023m (£805,000) compared to €911,000 (£717,000) in 2014.
Total staff costs grew slightly from €141.5m (£111m) to €147.7m (£116.5m) as the average number of staff grew marginally to 1,759 from 1,732.
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