It is a far cry from 2021 when the firm posted a record rise in profits per equity partner.
July 20, 2022 at 07:57 AM
2 minute read
Reporter
RPC has posted a drop in profit per equity partner (PEP) in its provisional financial results for 2022, going against the grain of U.K. firms reporting increases in the metric.
PEP has decreased by nearly 10% to £571,000. It marks the reversal of PEP growth which in 2021 soared nearly 50% to hit £634,000—a record jump of more than £200,000.
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