Despite global economic uncertainty, Linklaters somehow managed to pay its highest earning partner £2.2m in the last financial year.
The firm has just published its accounts for 2010/11 which show that partners at the top of equity took home a market-defying £1.56m. However the firm's highest earner received a total of £2.2m: that's probably a top partner who was being bought out of the partnership after deciding to step down. RoF's bet is on former Senior Partner David Cheyne.
That figure equates to £42,307 a week; an unholy amount of money in anyone's book and, to put it into context, about the same as Peter Odemwingie gets playing for West Brom. Although Cheyne had to do rather more for it than kick an inflated bladder around a field. In fact he's given everything to the firm: 37 years of his life, 20 hour days and his youngest son.
Turnover at Linklaters was pretty much the same as last year at £1.2bn. A fall in income from the UK and the Middle East was balanced by an increase in Asia, America and continental Europe. The firm also published its CSR report, which revealed that £8m was given to charity and pro bono (good) but only 16% of the firm's partnership is female (less good).
A spokesman for the firm refused to comment on the identity of the partner.
Tip Off ROF
The firm has just published its accounts for 2010/11 which show that partners at the top of equity took home a market-defying £1.56m. However the firm's highest earner received a total of £2.2m: that's probably a top partner who was being bought out of the partnership after deciding to step down. RoF's bet is on former Senior Partner David Cheyne.
That figure equates to £42,307 a week; an unholy amount of money in anyone's book and, to put it into context, about the same as Peter Odemwingie gets playing for West Brom. Although Cheyne had to do rather more for it than kick an inflated bladder around a field. In fact he's given everything to the firm: 37 years of his life, 20 hour days and his youngest son.
 |
 |
Turnover at Linklaters was pretty much the same as last year at £1.2bn. A fall in income from the UK and the Middle East was balanced by an increase in Asia, America and continental Europe. The firm also published its CSR report, which revealed that £8m was given to charity and pro bono (good) but only 16% of the firm's partnership is female (less good).
A spokesman for the firm refused to comment on the identity of the partner.
Comments
47
60