Sentences with phrase «higher profits per equity partner»

They essentially have significantly higher profits per equity partner figures than the UK average.

US firms» generally higher profit per equity partner (PEP) and top - of - equity figures help them hire the biggest billers, but the other enabling factor for many US firms is the flexibility of their partner remuneration systems.

Not exact matches

DLA Piper has posted a double digit increase in net profit to a record high of $ 667m (# 404m), while average profits per equity partner rose 12.5 % to $ 1.49 m (# 903,000), also a record high.

Macfarlanes this week (24 June) reported that, while turnover jumped by 4.5 % to a new high of # 110m, its profits remained almost static, falling slightly from average profits per equity partner (PEP) of # 1.125 m last year to # 1.1 m.

Average profits per equity partner (PEP) have also steadily crept back to levels approaching 2007 - 08 ′ s record high of # 616,000.

Using the profit per partner metric allows comparing the relative contribution to the firm's profits per equity partner of, for example, a low - margin practice area having high associate leverage and a high - margin, partner - intensive practice area.

Mayer Brown saw revenue inch up 0.2 % last year to reach a new high of $ 1.26 bn (# 1.03 bn), while profit per equity partner (PEP) fell 7.1 % to $ 1.45 m (# 1.19 m)

DAC Beachcroft has posted rising turnover and profitability for the 2016 - 17 financial year, with profit per equity partner (PEP) rising to a new record high.

Wells Fargo's Jeffrey Grossman continues: «In past years, the high - profit firms — which the bank identifies as firms posting $ 2 million in profit per equity partner or higher — have mostly bucked the wider trend of falling hours that has plagued their less - profitable peers.

Regional partners also enjoyed higher profits — more than 70 % of those who grew profit per equity partner (PEP) reported an increase of more than 10 %, compared to less than 40 % of City firms.