Dundas & Wilson has asked its staff to consider taking unpaid leave after the firm posted an 11.8 percent drop in revenues for the financial year.
Turnover at the big four Scottish firm fell to 66 million pounds ($108.6 million) from the previous year’s figure of 74.8 million pounds ($123 million in today’s dollars), while the firm’s profits per equity partner dropped by 20 percent from last year’s figure of 385,000 pounds ($633,000 in today’s dollars) to a new mark of 308,000 pounds ($506,700).
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]