KWM asks partners for up to £240,000 in cash call to double capital contributions Legal Business19 July 2016Law firm managementPartnership King & Wood Mallesons (KWM) has asked its European and Middle Eastern partners to pay in between £80,000 and £240,000 as part of a recapitalisation plan designed to shore up its strained finances.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‘How hard are you prepared to work?’ – partners who’ve made it on how they built a book of business‘We don’t have a large ship to turn around’ – Eversheds Sutherland co-CEOs to canvas partners on strategy plansNRF to incentivise cross-border work with formalised global management committeeA&O Shearman to cut partnership by 10% and close Johannesburg base in post-merger shake-upComment: Last orders – The final reflections of a veteran legal punditComment: 2020 forecast – City giants forced to offer flexible partnership