Sentences with phrase «in profit per equity partner»

Trowers & Hamlins has announced a double - digit rise in turnover against a modest increase in profit per equity partner (PEP) for 2016 - 17.

Charles Russell Speechlys has reported a 23 % jump in profit per equity partner (PEP) in its first full financial year results following the merger of legacy firms Charles Russell and Speechly Bircham, as Trowers & Hamlins reported flat net profit.

In its financial year to the end of April 2017, Fieldfisher posted a 34 per cent increase in turnover to # 165m and an increase in profit per equity partner of 16 per cent.

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.

The importance of leading the local market on trainee and junior lawyer salaries will have to be balanced with the fact that Burges Salmon has been feeling a bit more pressure of late amid a small decline in revenue from # 87.4 million to # 87 million and a 16 % drop in profit per equity partner from # 523,000 to # 438,000 in what managing partner Peter Morris has described as a «challenging» financial year.

Addleshaw Goddard's yo - yoing recent financial results — a 40 % leap last year in profit per equity partner was followed by a 31 % drop this year — are reflected in some changeable performances in the various categories of the Legal Cheek Trainee and Junior Lawyer Survey 2017 - 18.

Watson Farley & Williams has strengthened its London office with the addition of two partners from US law firms, in the wake of a strong 2016 - 17 for the firm which is expected to result in profit per equity partner (PEP) rising by at least 25 %.

Tarbert is leaving A&O after a strong 2016 - 17 for the magic circle firm, which this July posted a 26 % increase in profit per equity partner to # 1.51 m, while revenue rose 16 % to # 1.52 bn.

Simmons & Simmons has posted a 10 % drop in profit per equity partner (PEP) for the 2015 - 16 financial year to # 585,000, as the firms costs rose «significantly».

Macfarlanes has posted a 16.7 % fall in profit per equity partner (PEP) in the last financial year as net profit for the firm fell 8.9 %.

Herbert Smith Freehills (HSF) has posted an 8 % rise in profit per equity partner (PEP) in 2014 - 15 as its revenue also increased.

RPC has posted a 12.4 % drop in profit per equity partner (PEP) for 2016 - 17 after a year in which the firm expanded its all - equity partnership and invested in new business lines.

Herbert Smith Freehills (HSF) has announced a 2.5 % drop in profit per equity partner (PEP) for 2016 - 17, alongside a 10.6 % rise in revenue.

DWF has broken through the # 200m barrier with revenue growth of 7.6 % against a 9.8 % drop in profit per equity partner (PEP).

White & Case reported a 7 % rise in profit per equity partner (PEP) in 2014 to $ 2m (# 1.3 m), up from $ 1.87 m (# 1.14 m) in 2013.

Travers Smith has reported revenue growth of 13 % and an increase in profit per equity partner (PEP) of 8 % for the year ended 30 June 2016.

White & Case and King & Spalding have both reported a rise in profit per equity partner (PEP) as K&L Gates reported a slight dip.

«We have seen the arrival of the world's first # 1bn law firm, Clifford Chance, and Pinsent Mason's astonishing 71 per cent increase in profits per equity partner (the all important benchmark for law firm performance).»

Amid mixed results from top 50 rivals, RPC was a standout performer, posting a 7.5 % increase in profits per equity partner (PEP) and a 21.8 % hike in turnover, pushing it up seven places in the rankings to 42nd place.

Linklaters has become the first magic circle firm to announce its 2016 - 17 results, posting a 7.8 % hike in profits per equity partner (PEP) alongside a revenue rise of almost 10 %.

It also posted a healthy increase in profits per equity partner (PEP) of 7.6 % to # 1.398 m, widening the gap between arch-rival Linklaters, which managed a 5.9 % increase in PEP to # 1.313 m.

The sale of D3 is also thought to have contributed to a 10 % drop in profits per equity partner (PEP).

The UK Law Firm of the Year award, sponsored by Lamb & Brandformula, went to Shoosmiths after a hugely successful 2014 - 15 financial year in which the firm recorded an impressive 44 % hike in profits per equity partner alongside a solid revenue rise of 10 %.

LG has posted a 26 % drop in profits per equity partner (PEP) for 2011 - 12, with revenue also fallng for a second consecutive year.

According to unaudited figures released by the firm last July it had recorded revenues of # 51.8 m, a 7 % dip on the previous year, alongside a 14 % drop in profits per equity partner (PEP) to # 260,000.

Berrymans Lace Mawer has announced its 2011 - 12 financial results, with turnover climbing by 3 % against a 15 % drop in profits per equity partner (PEP).

A year after posting declines in both revenue and profits, Baker & McKenzie more than regained lost ground this past financial year, reporting an 8 % increase in firm revenues and a 13 % surge in profits per equity partner.

Trowers & Hamlins has seen a dip in profits per equity partner (PEP) of 14 % over the last year on the back of a drop in revenues and net profit.

Not exact matches

Profit per equity partner (PEP) rose by 63.8 % at legacy Lawrence Graham in the firm's 2013 - 14 financial results, prior to the merger with Wragges & Co which went live on 1 May this year.

After what the firm described as a «solid» 2016, Reed Smith held profits per equity partner (PEP) and revenue per lawyer (RPL) steady amid declines in headcount and overall revenue.

The performance at a profit per equity partner (PEP) level showed a decrease in the smaller firms.

Burges Salmon has announced that it hit record revenue and average profit per equity partner (PEP) levels in the last financial year.

The ongoing spat around the value - or otherwise - of firms reporting profit per equity partner (PEP) shows no sign of abating, with a stream of industry leaders weighing in on the debate.

Profit per equity partner tops # 760,000 on back of 8 % rise in UK turnover following strong 12 - month performance at City firm

Profit per equity partner (PEP) rose by 63.8 % at legacy Lawrence Graham in the firm's 2013 - 14 financial year, prior to the merger with Wragge & Co which went live on 1 May this year.

Under the leadership of senior partner Michael Ward profit per equity partner (PEP) increased nearly 10 % to # 288,000 in 2013 - 14.

Macfarlanes defied the depressed UK and European markets this year to record its second set of strong financial results in a row, with revenue up by 11.6 % and profits per equity partner (PEP) increasing by 9.5 % for 2012 - 13.

Mishcons took in revenues of # 149.4 m during the year, an increase of 17 % on 2015 - 16, while profit per equity partner (PEP) hit # 1.1 m, a 10 % increase on last year's figure of of # 1m.

In one of the articles that accompanies the report, Nicholas Bruch, senior analyst at ALM Legal Intelligence, which assisted in compiling the results, and Hugh A. Simons, an industry analyst and former COO at Ropes & Gray in Boston, write that 78 percent of the firms in this year's Am Law 100 surpassed their pre-recession levels of profits per equity partner — and did so in large part through managemenIn one of the articles that accompanies the report, Nicholas Bruch, senior analyst at ALM Legal Intelligence, which assisted in compiling the results, and Hugh A. Simons, an industry analyst and former COO at Ropes & Gray in Boston, write that 78 percent of the firms in this year's Am Law 100 surpassed their pre-recession levels of profits per equity partner — and did so in large part through managemenin compiling the results, and Hugh A. Simons, an industry analyst and former COO at Ropes & Gray in Boston, write that 78 percent of the firms in this year's Am Law 100 surpassed their pre-recession levels of profits per equity partner — and did so in large part through managemenin Boston, write that 78 percent of the firms in this year's Am Law 100 surpassed their pre-recession levels of profits per equity partner — and did so in large part through managemenin this year's Am Law 100 surpassed their pre-recession levels of profits per equity partner — and did so in large part through managemenin large part through management.

Stephenson Harwood's average profit per equity partner (PEP) fell 8.5 % to # 708,000 in 2016 - 17, with the dip coming against an 11 % rise in revenue to # 176m.

Revenue jumped almost 9 % in 2016 to $ 1.27 bn (# 1.03 bn), and profit per equity partner (PEP) rose more than 22 % to $ 3.1 m (# 2.5 m).

Withers saw double digit increases in both turnover and profits per equity partner (PEP) over the 12 - month period ending 30 June.

Allen & Overy (A&O) has eclipsed its peers with double - digit growth in both revenue and profit per equity partner (PEP) that outstrips its closest rivals by some distance.

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.

Yet law firms persist in using another type of PEP (profits per equity partner) as a measure of success.

Braithwaite has overseen a solid period of growth during his ten - year tenure as managing partner with the firm recording a 14 % rise in average profits per equity partner last year to hit # 366,000, with the firm's fee income standing at # 56m.

When The American Lawyer released its Am Law 100 report last week, many noticed a correlation between increased PPP (profits per partner) on the one hand and the decline in the number of equity partners and growth in the category of non-equity partners on the other.

Linklaters grew its revenue to # 1.31 bn in the last financial year as profit per equity partner (PEP) rose to # 1.45 m.

Allen & Overy (A&O) has posted double - digit growth across all key metrics after a standout year in which revenue and profit per equity partner (PEP) rose to record levels.

Even opponents to using profit per equity partner (PEP) as a measure of law firm success would struggle to contend that a firm posting a 19 % year - on - year fall in profit was in anything other than a challenging position.