The College of Law has posted 2010-11 income of £74.4m in the wake of its recent private equity takeover, with the College’s accounts also revealing a £100,000 drop in pay for chief executive Nigel Savage.

This year’s total income marks an increase of around 2% on the 2009-10 figure of £73.1m, with the total comprising £72.3m in course fees and subscriptions from legal education, plus an additional £1.3m in investment income.