Eversheds has become the latest firm to post its financial results, reporting a 6% drop in turnover and a double-digit decline in profits per equity partner (PEP), it was announced today (27 May). Revenue at the top 10 UK law firm dropped from £390m in 2007-08 to £366m for the most recent financial year. PEP, meanwhile, dropped by 27% to £404,000, down from last year's figure of £552,000.
May 27, 2009 at 11:01 AM
1 minute read
The original version of this story was published on Legalweek
Eversheds has become the latest firm to post its financial results, reporting a 6% drop in turnover and a double-digit decline in profits per equity partner (PEP), it was announced today (27 May).
Revenue at the top 10 UK law firm dropped from £390m in 2007-08 to £366m for the most recent financial year. PEP, meanwhile, dropped by 27% to £404,000, down from last year’s figure of £552,000.
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