Is Guy Beringer’s broadside against profits per equity partner (PEP) as a measure of law firm performance a case of the lady – or in this case the senior partner – protesting too much?

In an article on Allen & Overy’s website, its senior partner calls on PEP to be dropped as a measure of law firm success, describing it as a “dangerous and undesirable metric” that encourages firms to pursue their own narrow self-interest at the expense of those of their clients.