Clifford Chance (CC) has seen its profits per equity partner (PEP) fall by 37%, dropping from £1.156m to £733,000. The firm last week (1 July)…
July 08, 2009 at 05:49 AM
1 minute read
The original version of this story was published on Legalweek
Clifford Chance (CC) has seen its profits per equity partner (PEP) fall by 37%, dropping from £1.156m to £733,000.
The firm last week (1 July) became the first of the magic circle to announce preliminary results, reporting a 5% dip in turnover. Revenues for 2008-09 were £1.262m, down from £1.329m in 2007-08, with the weak pound softening the drop.
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