There is no hiding that Lovells has had a difficult few years. The firm has lost a steady stream of partners to rival firms and endured a protracted review of its lockstep partnership model which ended up producing very few major changes. That said, the firm argues it has now been through the worst. Last year, PEP rebounded by 34% to reach £572,000, although the figure had dropped in the previous few years.
April 27, 2007 at 11:05 AM
1 minute read
The original version of this story was published on Legalweek
There is no hiding that Lovells has had a difficult few years. The firm has lost a steady stream of partners to rival firms and endured a protracted review of its lockstep partnership model which ended up producing very few major changes.
That said, the firm argues it has now been through the worst. Last year, PEP rebounded by 34% to reach £572,000, although the figure had dropped in the previous few years.
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