Still, the firm remains a highly profitable place, with
profit per equity partner up slightly this year to $ 1.11 m (# 861,000) and London newly qualified solicitor pay jumping a chunky # 7k to # 70,000.
Not exact matches
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.
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.
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.
The 2018 Am Law 100, which looks at numbers from 2017, reports that gross revenue grew 5.5 percent on average, net income increased by 6.1 percent,
profit per equity partner grew by 6.3 percent, revenue
per lawyer moved
up 3.2 percent, and headcount rose 2.2 percent.
with
profits per equity partner (PEP) inching
up 2.7 % to $ 1.5 m (# 950,000).
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)
Nabarro, which expects
profits per equity partner (PEP) rise 10.5 % to # 475,000, posted broadly flat turnover,
up 0.3 % from 2012 - 13 to # 116.7 m.
The firm said that in the year to 30 June 2015
profit per equity partner also increased, to # 935,000,
up 6 % from # 882,000 the previous year.
Maclays also demonstrated further growth in its 2006 - 07 results with average
profits per equity partner breaking the # 300k barrier, rising by 15 % from # 275,000 last year to # 315,000 this year, while Brodies announced a turnover rise of 43 % to # 30m and gross
profits up 33 % to # 11.6 m.
Dewey & LeBoeuf saw a dramatic drop in gross revenue in 2009 while
profits per equity partner moved
up 3.4 percent, the result of a 10 percent decrease in
equity partner headcount, according to numbers released by the firm Friday.
Profit per equity partner now stands at # 366,000,
up slightly from last year.
Profits per equity partner (PPEP) goes
up,
partner headcount goes down, median
partner income falls, the ratio of
partners making as much as PPEP falls.
Its
profits per equity partner, meanwhile, edged
up to $ 2.66 million from $ 2.64 million.
Bruce MacEwen looks at what's been rocketing Reed Smith revenue to a five - year climb that has
profits per equity partner numbers
up 154 percent.
Nabarro has also been doing well financially, with revenues
up again this year after a stonking 2015 which saw
profit per equity partner soar 21 %.
Boston - based Goodwin Procter saw its gross revenues grow 2.5 percent to $ 695.5 million last year, but a net loss of 13
equity partners helped push
profits per partner up 3.4 percent to $ 1.5 million, according to The American Lawyer's reporting.
The global firm has had a good year, with revenue
up 6 % to just shy of the billion dollar mark — underlining just how big this business is — and
profit per equity partner jumping 15 % to reach $ 670,000 (# 537,000).
Profit per equity partner, meanwhile, is
up 10 % to # 1.1 million.
The happy internal mood corresponds with robust recent financial performance;
profit per equity partner rose by 14 % to # 625,000 this year and overall revenue went
up 11 % to # 423 million.
Profit per equity partner is
up for a second consecutive year, jumping by 11 % to # 503,000, while revenue has risen 6 % to # 273.8 million.
But a successful consolidation has seen turnover tick
up towards # 50 million and
profit per equity partner rise by to over half a million pounds.