Inside KWM’s rescue deal: Management guarantee minimum earnings as salaried partners also tapped for cash Legal Business14 November 2016PayFinancial management As the European and Middle East partnership of King & Wood Mallesons considers a rescue plan to stabilise the business, Legal Business can reveal the firm has made a cash call to salaried partners, and guaranteed minimum earnings to equity partners.Your limit of 1 article in 30 days is up. Please login for full access or subscribe. Corporate users - click here for simple access (no password needed). For more information, please contact [email protected] Related ContentMore in this category‘No-one has managed to build out of the key locations’: Eversheds’ Ranson discusses Asia strategy following KWM tie-upMishcon turns off the lights in New York as partners defect to KWMApathy and a multimillion-pound shortfall define beleaguered KWM Europe insolvency‘Setting ourselves up for the future’ – McDermott ups London trainee pay to £70kSlaughter and May matches magic circle peers with NQ pay hike to £150k‘At the top of UK associate compensation’ – McDermott hikes London NQ pay to $225kComment: Profit per equity partner and law’s other enduring hypocrisiesProfit per partner and other enduring hypocrisiesSponsored briefing: The rise of the law firm IPO