Ashurst Herbert Smith Freehills King & Wood Mallesons SJ Berwin Exclusive: Legacy Herbert Smith issues £20m cash call to equity partners By Lucy Burton 13 May 2013 00:07 17 December 2015 13:30 Sign in or register to continue reading. It's FREE Sign in Email Password Keep me logged in Forgot your password? Not registered? It's FREE! Register now Register with The Lawyer Freesmith 13 May 2013 at 09:48 Placing bets that there will now be a predictable string of comments from disaffected ex-Herbies lawyers about how the firm has gone down the pan Reply Link Anonymous 13 May 2013 at 10:56 @Freesmith, I am neither disaffected nor an Ex-Herbert Smith lawyer but it does beg the question that the firm’s management took their eyes off the ball with regard to capitalisation. Reply Link Anonymous 13 May 2013 at 14:05 I think the question is answered by the fact that the call was anticipated in the merger agreement, as noted in the article. So not an issue of anyone taking their eye off the ball. Reply Link Patrick Stevens 13 May 2013 at 17:10 Will the stories of solicitors being “made up” change to their being “paid up?” Reply Link Anonymous 13 May 2013 at 17:16 Could that be the explanation for the numerous recent partners departures? Reply Link Ashley Balls 13 May 2013 at 21:46 Not a pleasant experience if retiurment is near! 2 out of 10 for capital planning! Reply Link Name Email Cancel reply Threaded commenting powered by interconnect/it code.