VICTORIA YOUNG: Why the law firms are handing back wage subsidies

Sun, 10 May 2020

Major law firms who applied and then reversed decisions on government wage subsidies badly misread the public mood and will be remembered for it. Whether or not people believe Bell Gully, MinterEllisonRuddWatts and Simpson Grierson could genuinely forecast a 30 percent revenue drop or not, the damage has been done.Together the three “big six” law firms refunded $6.2 million in subsidies this week.The awkward timing of a report from controversial former Labour finance minister Roger Douglas and comments from National Party...

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