Allen & Overy (A&O) has managed a robust performance despite its heavy exposure to the battered banking sector with the firm achieving a 7% increase in revenue. The firm today (10 July) announced that fee income for 2008-09 hit £1.091bn, against £1.016bn the previous year. Profits per equity partner (PEP) fell 9% to £1m, according to the firm’s own measure, against £1.122m the previous year.
July 10, 2009 at 12:03 AM
1 minute read
The original version of this story was published on Legalweek
Allen & Overy (A&O) has managed a robust performance despite its heavy exposure to the battered banking sector with the firm achieving a 7% increase in revenue.
The firm today (10 July) announced that fee income for 2008-09 hit £1.091bn, against £1.016bn the previous year. Profits per equity partner (PEP) fell 9% to £1m, according to the firm’s own measure, against £1.122m the previous year.
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