Taylor Joynson Garrett (TJG) has seen profits per partner soar by nearly £60,000, as year-end figures show the firm is the latest mid-tier City practice to clock up surging profits growth.
Average profits for equity partners rose from £344,000 to £402,000 for the year to 1999-00, a rise of 17%, at the same time the number of equity partners rose from 49 to 55. The results, which take TJG close to the profitability of larger corporate finance practices such as Norton Rose and Ashurst Morris Crisp, translate into newly-appointed equity partners earning £180,000 with top partners drawing £520,000.
