Charles Russell’s wage bill slashed after all-equity move
Charles Russell’s partner wage bill dropped from £3.3m to £245,844 in 2011/12 as a result of the firm overhauling its partnership structure in 2011. In 2011, Charles Russell invited all its salaried partners to become fixed-share equity partners, and to put £10,000 into the business. As a result, members remuneration charged as an expense was […]