Links inks tie-up as top pay rises

Elizabeth Fournier
MAGIC Circle law firm Linklaters announced an exclusive tie-up with South African firm Webber Wentzel yesterday, giving the firm its first local presence on the African continent.

The alliance will launch on 1 February next year, and follows a similar deal earlier this year to form ties with Allens Arthur Robinson in Australia.

Over the weekend the firm filed accounts at Companies House that showed its top-paid partner took home £2.5m in the year to 30 April 2012, a 13 per cent increase on the previous year.

For 2011-12, the firm’s profit before tax was confirmed at £384,539 – up from £372,427 – on revenues of £1.2bn.