Watson Farley adopts “variable share” partnership structure
Watson Farley & Williams has overhauled its remuneration to fixed-share partners in the wake of HM Revenue and Customs’ (HMRC) national insurance (NI) crackdown. Each of the firm’s London-based non-equity partners has agreed to contribute just over 20 per cent of their remuneration into a separate pooled fund. This will be redistributed to FSPs in the […]