Sentences with phrase «reporting profit per equity partner»

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.

He was interviewed by Lee Pacchia on his Business of Law show about his firm's decision to stop reporting profits per equity partner.

Not exact matches

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

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 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.

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.

Dundas & Wilson has reported significant fall key financial metrics with turnover down 11 %, net profit down 21 % and profits per equity partner plunging 22 %.

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 management.

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.

Macfarlanes this week (24 June) reported that, while turnover jumped by 4.5 % to a new high of # 110m, its profits remained almost static, falling slightly from average profits per equity partner (PEP) of # 1.125 m last year to # 1.1 m.

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.

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.

Two - thirds of firms participating in the survey report increases in gross revenue, revenue per lawyer and profits per equity partner in 2014.»

Profits rose on average by 8 %, and median profit per equity partner rose # 20,000 on last year's report to # 107,000.

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.

Cleary: According to reporting by The American Lawyer, the firm's gross revenue surged to $ 1.125 billion from $ 1.05 billion, while profits per equity partner rose to $ 2.7 million from $ 2.6 million last year.

Weil's equity partner head count declined by 4.1 percent, which contributed to a profits per partner surge of 8 percent last year, our reporting showed.

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.

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.

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.

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.

2010 average profits per equity partner should have been $ 980,000, not $ 1,605,000 as reported by the firm last year.

White & Case saw its gross revenue rise about 4 percent to $ 1.33 billion in 2011, while the firm's profits per equity partner fell about 5 percent to $ 1.475 million, according to reporting by The American Lawyer.

Regional partners also enjoyed higher profits — more than 70 % of those who grew profit per equity partner (PEP) reported an increase of more than 10 %, compared to less than 40 % of City firms.

The firm saw its gross revenue drop 3.5 percent to $ 422.5 million last year, while profits per equity partner rose 5.2 percent to $ 705,000, according to reporting by The American Lawyer.

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.

Legal Week reported in August that Ashurst held back distributions due that month after a difficult 2015 - 16, when revenue and profit per equity partner (PEP) both plunged by double digits.