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Jonathan Watmough: Why RPC’s partners earn more for teamwork than billable hours

RPC’s managing partner tells Manju Manglani why his partners ?are rewarded with a higher share of the firm’s profits for ?teamwork than billable hours

22 September 2014

"Life is not formulaic. Human beings do not operate on a formulaic basis. Business is emotional.”

That’s the view of Jonathan Watmough, managing partner at international law firm RPC, which sits just outside the UK’s top-40 rankings.

When entering the firm’s headquarters in Tower Bridge, London, the first thing that catches your eye is a wall decoration highlighting the numerous awards that the firm has won over the years. Its most recent accolades include being named ‘law firm of the year’ by The Lawyer and ranking first among City firms in a client satisfaction survey by Legal Week,
which also gave RPC an award for
‘best legal employer’.

Sitting on the reception counter is a folded pamphlet with

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