The management of Freshfields Bruckhaus Deringer has seen a 20% drop in pay even as its Asia business offered a silver lining with double-digit turnover growth.
Published today [31 January], the City giant’s LLP accounts for the financial year to 30 April 2019 make for subdued reading as the firm grew its top line by only 4.2% – or £61m – to £1.493bn from £1.432bn the previous year. Management pay fell from £18.6m to £14.9m. Continue reading “Freshfields lags Magic Circle as management pay drops 20% amid muted top line growth”