Section 194T mandates 10% TDS on salary, interest, and remuneration paid to partners. Firms must now deduct tax at source ...

"Too many partners assume their capital will be returned quickly and in a lump sum, only to discover offsets or delays they hadn’t anticipated," says Tina Solis of Nixon Peabody in a conversation with ...

Profits and partner pay continue to rise across Big Law. But more law firms are also considering increasing capital contributions from equity partners, according to some consultants and law firm ...