US firm Howrey has become the second major US firm to post disappointing financial results for last year, with the intellectual property specialist suffering a double-digit drop in profits per equity partner (PEP). PEP dropped to $1.01m (£516,000) in 2007 - a fall of 17.5% from last year's figure of $1.22m (£623,000).
February 07, 2008 at 12:24 AM
1 minute read
The original version of this story was published on Legalweek
US firm Howrey has become the second major US firm to post disappointing financial results for last year, with the intellectual property specialist suffering a double-digit drop in profits per equity partner (PEP).
PEP dropped to $1.01m (£516,000) in 2007 – a fall of 17.5% from last year’s figure of $1.22m (£623,000).
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