Not exact matches
Data from Legal Week «s UK Top 50 and The American Lawyer «s Global 100 rankings shows that the 10 largest UK firms by revenue have increased
profit per equity
partner (PEP) by an average of 15.7 %
during the last five years, compared with 24.7 % across the 10 largest US firms.
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.
While revenue dipped, average
profit per equity
partner (PEP) grew by 4 %
during the same period, to # 683,000 from # 659,000.
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.
Dickinson Dees saw average
profits per equity
partner (PEP) drop by more than 10 %
during 2007 - 08, the firm's limited liability partnership (LLP) accounts have revealed.
The UK's leading law firms have struggled to match significant hikes in revenue with similar profitability increases
during the past five years, with Legal Week research showing that 30 % of the UK top 50 have lower
profits per equity
partner (PEP) now than they did in 2011 - 12.
Simmons & Simmons has seen
profit per equity
partner (PEP) rebound by 9 % in 2016 - 17, after dropping by 10 %
during the previous financial year.
Gateley has reported a significant hike in
profits with
profit per equity
partner (PEP) soaring by 22 % while revenue also climbed 7 %
during the 2012 - 13 financial year.
Braithwaite has overseen a solid period of growth
during his 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.
Macfarlanes»
profit per equity
partner (PEP) rebounded by almost 8 % in 2016 - 17, after dropping by 16.7 %
during the previous financial year.
Clyde & Co, Holman Fenwick Willan, Kennedys, Watson Farley & Williams, Ince & Co and Berrymans Lace Mawer all saw
profits per equity
partner (PEP) fall by between 2 % and 15 %
during 2011 - 12, against an average increase in turnover of 12.6 %.