They essentially have significantly higher
profits per equity partner figures than the UK average.
Not exact matches
Watson Farley & Williams and Holman Fenwick Willian have posted rising
profit per equity partner (PEP)
figures for 2016 - 17, while insurance rival Kennedys has seen PEP dip after a sustained period of international expansion.
The firm saw revenue climb 2.3 % to # 1.31 bn from last year's
figure of # 1.28 bn, while average
profit per equity partner (PEP) remained stable at # 1.21 m.
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.
Profitability has also grown by 2 %, according to the results of the 16 firms that have given
profit per equity partner (PEP)
figures.
The firm is yet to provide
profit figures for the past financial year, and last year declined to provide a
figure for
profit per equity partner.
And the trend has been to invite fewer attorneys into the
equity ranks, increasing the firm's «leverage» and its coveted «
profit per equity partner»
figure (a large law firm's «stock price»).
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.
The City firm took in fee income of # 57.5 m for the last financial year, broadly in line with the 2011 - 12
figure of # 57.6 m, while
profits per equity partner (PEP) fell 3 % from # 303,000 to # 293,000.
1 / Dentons opted not to provide its
profit -
per -
equity partner figures to American Law in 2014 when the magazine was compiling its annual rankings
Revenue at the national player dropped to # 104m from # 107m, a 3 % decrease, while
profit per equity partner also fell to # 275,000, down 3 % from last year's reported
figure of # 284,000.
Offering one of the best combinations of scale and quality outside the magic circle — with revenue last year of a whopping # 1.53 billion and global
profit per equity partner at nearly # 1 million (the UK
figure is # 760,464)-- Hogan Lovells specialises in about every practice area you can imagine.
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.
Here, management
figures at some of the UK's top law firms discuss the key trends from 2015 - 16, including consolidation, job cuts, artificial intelligence and
profit per equity partner (PEP)-- as well as the most pressing challenges for the year ahead.
Profit per equity partner (PEP) at Dentons» UK, Middle East and Africa limited liability partnership (LLP) jumped by 23 % in the 2014 - 15 financial year, according to
figures seen by Legal Week.
Burges Salmon has posted improved
figures for both revenue and
profits per equity partner (PEP) for the 2012 - 13 financial year, with increases of 4 % and 1 % respectively.