Late-paying clients force Linklaters to stall partner takings
Linklaters has delayed its latest partner profit distribution after cautious clients’ slow payments forced a lengthening in the firm’s work in progress (WIP). The firm was due to make a distribution, disbursed every two months, to partners on 10 November, which is on top of the usual ‘salary’ that is paid out monthly. However, Linklaters […]