Berwin Leighton Paisner (BLP) saw the largest percentage increase in profits per equity partner (PEP) across the UK top 50 this year, with the firm attributing its 57.5% hike to continued investment throughout the recession. The firm posted PEP of £712,000 for 2010-11, up from £452,000 last year, against a 20% rise in turnover to £229m.
Despite the effects of the downturn, the firm launched new international offices in Russia and Abu Dhabi during 2009, as well as making 13 partner hires during 2010-11, including Royal Bank of Scotland financial structuring head Matthew Kellett and Linklaters City real estate partner James Knox.
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