An Addleshaws spokesperson told RollOnFriday: 'Like many other businesses in the UK, we have seen Brexit have an impact on activity levels in the short period since the referendum.’
Salary reviews frozen
The firm will freeze salary reviews for staff, delay its annual review of fixed profit share for salaried partners and will also postpone the next profit distribution for equity partners. However, staff bonuses for last year's performance will still be paid out in September.
Gowling WLG has also confirmed it will delay its 2016 salary review until the autumn, but added that bonus payments for 2015/16 for those eligible were paid as usual in the July payroll and summer promotions had gone ahead as planned.