Law firms Inside KWM’s rescue deal: Management guarantee minimum earnings as salaried partners also tapped for cash Legal Business · 14 November 2016 · 2 min read Pay Financial management King & Wood Mallesons 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 categoryRevolving Doors: City hires at Goodwin, Ropes as Willkie brings in former CC antitrust headLaw firmsEliza Winter2 Mar 2026Revolving Doors: Sidley and Hogan Lovells swipe Latham partners, as Ropes and Clifford Chance build in EuropeLaw firmsKate Peacock19 Jan 2026End of the merger: King & Wood Mallesons to split into twoLaw firmsGeorgina Stanley9 Dec 2025‘Setting ourselves up for the future’ – McDermott ups London trainee pay to £70kLaw firmsElisha Juttla1 Nov 2024Slaughter and May matches magic circle peers with NQ pay hike to £150kLaw firmsTom Cox4 Sep 2024‘At the top of UK associate compensation’ – McDermott hikes London NQ pay to $225kLaw firmsElisha Juttla26 Jul 2024Comment: Profit per equity partner and law’s other enduring hypocrisiesLaw firmsAlex Novarese1 Aug 2019Profit per partner and other enduring hypocrisiesLaw firmsAlex Novarese29 Jul 2019Sponsored briefing: The rise of the law firm IPOCo-publishingGuest Blog8 Apr 2019