John Cleland, Managing Partner at Pinsent Masons
The lastest PEP figures are the firm's lowest in half a decade, while overall profits have slipped.
July 22, 2020 at 03:56 AM
1 minute read
Reporter
Profit per equity partner (PEP) at Pinsent Masons has fallen by double-digits, as the firm’s revenue growth slowed to 4% for the last financial year.
According to the latest financial results published by the firm, PEP now stands at £546,000, a fall of 12% compared to last year. The figure is the lowest PEP since 2014-15 and well below its all-time high of £653,000 posted in 2017-18.
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