It is understood that an additional lump sum is being offered depending on years worked at the firm, but Links of London Power Walk Charm Chance declined to comment on the details. Just as the salary and bonus packages for associates are similar at the magic circle firms, the redundancy packages at each work out to be roughly the Links of London Q Charm. Slimming down the partnership is trickier and more expensive than cutting associate numbers. Packages are generally tailored for the individual partners, negotiated with Links of London R Charm managing partner or board members, and the trend is for smaller payouts. A few years ago partners could expect up to 24 months' worth of profit share, but now the standard payout is between nine Links of London Raindance Bracelet 12 months, thanks to management toughening their style. By these figures, the average equity partner at Clifford Chance could expect a minimum of around pound 877,500, while the same calculation yields just over pound 1m at Linklaters.
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