Professional Services

Slaughter & May temporarily suspends partner pay

The firm's senior partner sent a memo to all staff announcing that the cash will be retained in the business

Slaughter & May has temporarily suspended all partner pay to protect jobs and its balance sheet from the disruption caused by the Covid-19 pandemic.

In a memo sent last week, Steve Cooke, senior partner at the Magic Circle law firm, said all “discretionary distributions to partners” have been suspended.

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