Sentences with phrase «profits per equity partner for»

Profit per equity partner for the sub-unit equals its profit divided by the notional number of equity partners attributable to the sub-unit.

Not exact matches

«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).»

Bond Dickinson's average profit per equity partner (PEP) has dropped 4 % from # 275,000 to # 265,000, as turnover remained flat at # 104m for 2016 - 17.

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.

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.

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.

It reached turnover of # 1.303 bn for 2011 - 12, and saw profit per equity partner (PEP) rise 7 % to # 1.078 m.

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.

Taylor Wessing's UK arm boosted its profit per equity partner (PEP) by 17 % over the last financial year, its results for 2014 - 15 show.

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.

According to a report by the Georgetown Law Center for the Study of the Legal Profession, U.S. law firms saw revenue and profits per equity partner grow at staggering rates of 37.5 percent and 25.6 percent respectively.

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.

If you follow the legal media, one of the biggest stories so far this year was when the major law firm, Dentons, announced it was no longer reporting average profits per equity partner, saying that it was a meaningless statistic for a firm that operates in so many global jurisdictions.

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.

Reed Smith has posted a 7 % rise in global revenue for 2014, while average profits per equity partner (PEP) have increased by 6 %.

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

Lawrence Graham has posted a 7 % fall in revenue for the 2012 - 13 financial year, while profits per equity partner (PEP) dropped 14 %.

The firm posted a 2.2 % increase fee income to reach # 94m for the 2010 - 11 financial year, while profits per equity partner (PEP) rose 7 % to # 510,000.

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.

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 %.

Specialist litigation firm Stewarts Law has posted a 30 % jump in average profit per equity partner (PEP) to # 2m for the 2016 - 17 year.

Ashurst has announced an 11.5 % profit per equity partner (PEP) hike to # 672,000 for 2016 - 17, marking a rebound for the firm after a difficult 2015 - 16 when PEP plummeted by almost 20 % and revenue fell 10 %.

Average profits per equity partner at Maclays now stands at # 315,000 - a 15 % increase on the # 275,000 recorded last year, when the firm released its full annual results for the first time.

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.

Berrymans Lace Mawer has posted a 4 % increase in revenue for 2012 - 13 while seeing profits per equity partner (PEP) dip by 13 %.

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».

Dentons has opted to stop reporting average profits per equity partner, citing the metric as «meaningless» for a global firm, and claiming it could be potentially damaging to client relations.

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.

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 %.

Olswang and pre-merger Berrymans Lace Mawer have each grown their revenues for 2013 - 14, with profits per equity partner (PEP) at the former expected to dip by nearly 4 %.

Ashurst has posted falling revenue and profit per equity partner (PEP) for the second year running, with PEP falling to an 11 - year low.

In this period the firm's revenue and profits have jumped by 40 %, with the journey capped last summer as profit per equity partner surpassed the # 1 million mark for the first time.

The stakes for 2023 are greater than today's industry metrics of gross revenues and profits per equity partner.

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.

I recently had a discussion (OK an argument) over which was the better benchmark for firms to manage by, profits per equity partner versus net income as a percentage of revenue.

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.

As for Winston's overall finances, the firm's gross revenue grew 5.2 percent to $ 754 million last year, while average profits per equity partner jumped 4 percent to $ 1.44 million.

Net profit increased 12 % to $ 447.6 m (# 305.4 m), which pushed profit per equity partner to just over the $ 2.5 m (# 1.7 m) mark - another first for King & Spalding.

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.

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

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.

It's been a good year for Allen & Overy, with the firm topping the magic circle financial results growth league to boost profit per equity partner (PEP) by a whopping 26 % to # 1.51 million while lifting revenue by 16 % to # 1.52 billion.