Hogan Lovells model to maintain two profit centres but align partner pay

The combined Hogan Lovells is set to maintain separate profit pools and accounting years as part of the proposed structure to unite Lovells and Hogan & Hartson. As partners at Lovells and Hogan met this week to discuss the planned transatlantic tie-up in depth, more details have emerged of the structure of the deal, which would see the two firms integrate governance and remuneration but maintain separate profit pools.

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