These days, a week rarely goes by without a story about the latest issues facing King & Wood Mallesons’ (KWM) London arm – and this week has been no different. The firm has asked its salaried partners to contribute capital for the first time, to the tune of £60k each. Meanwhile, its equity partners have been asked to stump up an extra £4k per point – equating to between £80k and £240k per partner in extra capital contributions.
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