Shoosmiths posts massive profit hike despite falling turnover

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  • The way that Shoosmiths works amazes me. They want to be seen as commercial but at a time when they should be investing profits back in to the business and holding back on their take home pay they are grabbing all the money that they can for themselves at the expense of the business. A limited company holds back on dividends to their shareholders in difficult times isn't it time that greedy partners did the same and saw past their own pockets. Just a thought!

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  • Anonymous | 16-Jul-2010 9:50 am.

    You may have a point with regard to redundancies. But what about those they retained who took reduced hours and pay? I'm assuming they are still expected to do a full workload - so hardly dead weight.

    Likewise you don't take into account the fact that turnover hasn't increased after all this. Why is there no new work coming into the firm? Perhaps Shoosmiths should be looking at its partners for the real dead weight ...

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  • The smile says it all

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