Shareholder law firm

Commercial lawyers, Carbon Law Partners has offered its lawyers and staff a unique chance to buy shares in the limited liability business. Partners can keep up to 70% of their fee income and build their own client base. Carbon’s central management and support team can also buy shares as part of an equity participation plan. Michael Burne, Carbon’s founder and chief executive, said: ‘We’re not like a traditional partnership law firm where capital accounts fund cashflow and liability is shared. We’re a business with shareholders where success is shared and liability is not.’