Wragge & Co Partners Decide On Taking a Pay Cut

Birmingham PostMay 30, 2004

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Summary


Partners at Birmingham law firm Wragge & Co are taking a pay cut after a standstill year, yet still giving staff a big bonus.

Profits per partner came in at pounds 210,000 -a 17 per cent drop from last year -with Wragge saying it had 'sacrificed partner rewards for investment in its people'.

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Extract


Wragge & Co Partners Decide On Taking a Pay Cut

Although overall Wragge's headcount reduced by 25 people throughout the year, the number of qualified staff increased from 414 to 421. Wragge has also continued i...

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