Hill Dickinson will ask its non-equity partners to invest 30% of their salary into the firm, ahead of changes to the tax rules for limited liability partnerships. The move is currently subject to a consultation, which kicked off a fortnight ago. Exact details of the plan will be presented to the partnership at the end of the month, with the firm hoping to raise the capital by 31 March.
February 19, 2014 at 07:51 AM
1 minute read
The original version of this story was published on Legalweek
Hill Dickinson will ask its non-equity partners to invest 30% of their salary into the firm, ahead of changes to the tax rules for limited liability partnerships (LLPs).
The move is currently subject to a consultation, which kicked off a fortnight ago. Exact details of the plan will be presented to the partnership at the end of the month, with the firm hoping to raise the capital by 31 March.
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