Legal Business

KWM launches ‘global partner’ programme to secure star recruits

With its City rivals increasingly breaking their remuneration models for star hires, King & Wood Mallesons (KWM) has created a firm-wide remuneration pot to fund marquee hires across the world.

Intent on rebuilding its corporate department in London following a string of big-billing partner exits, the move will allow KWM to at least double the amount of money it can currently offer incoming partners and pay over £2m for top names.