Do Firms Have A "Rain Day" Fund? Forum

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Do Firms Have A "Rain Day" Fund?

Post by Anonymous User » Mon Mar 05, 2018 7:01 pm

Do law firms ever put a percentage of their profits from a given year into a rainy day/recession fund?

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Re: Do Firms Have A "Rain Day" Fund?

Post by Anonymous User » Tue Mar 06, 2018 12:16 pm

At my firm about 10% of all partners' salaries is held back for that reason

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