Sentences with phrase «given profit per equity partner»
Profitability has also grown by 2 %, according to the results of the 16 firms that have given profit per equity partner (PEP) figures.
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By shifting an equity partner into the non-equity ranks, law firms are able to give a boost to their profit - per - equity - partner rate, a key indicator of law firm performance.
Profit is distributed to equity partners (EP) in proportion with their share of the equity points (Points), giving rise to an average profit per point, PPEP (if the denominator is the number of EPs, rather than points on issue, then PPEP refers to the average profit peProfit is distributed to equity partners (EP) in proportion with their share of the equity points (Points), giving rise to an average profit per point, PPEP (if the denominator is the number of EPs, rather than points on issue, then PPEP refers to the average profit peprofit per point, PPEP (if the denominator is the number of EPs, rather than points on issue, then PPEP refers to the average profit peprofit per EP).