The UK's top law firms are continuing to hike leverage to boost their partner profits, with results this year showing on average seven fee earners to every equity partner.
July 18, 2007 at 11:15 PM
1 minute read
The original version of this story was published on Legalweek
The UK’s top law firms are continuing to hike leverage to boost their partner profits, with results this year showing on average seven fee earners to every equity partner.
The divide between qualifying and making partner has continued to grow. On average, partner numbers at the top firms grew by 4.7%, compared with an 11% increase in leverage to 7:1.
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