K&L Gates UK paid out more than its profit in 2012

legalweek

K&L Gates UK limited liability partnership (LLP) paid out more in in remuneration in 2012 than it made in profit, accounts published on Company’s House reveal.

The UK partnership made payments to members to the tune of £5.36m in remuneration and profit shares, despite profits before taxation standing at £3.61m for 2012.