Dentons' decision to cease publication of its annual profits per equity partner (PEP) has its backers within the legal profession: according to a survey of partners, just under half think financial transparency is 'irrelevant' to anyone outside the firm itself.
The government-backed research project forms part of the UK's wider Industry Strategy announced in 2017
While law firms are increasingly comfortable with bringing in external advisers, some partners still believe such a move is a sign of weak management
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