TLT has seen its partner profits drop by 26% for 2008-09, while revenue has taken a 5% hit. Profits per equity partner (PEP) at the Bristol-based firm fell to £198,000 from the previous year's mark of £268,000. The firm also saw revenues decrease over the year, with fee income now standing at £39m, a 4.85% drop on last year when the firm pushed past the £40m mark to £41m.
July 21, 2009 at 07:30 AM
1 minute read
The original version of this story was published on Legalweek
TLT has seen its partner profits drop by 26% for 2008-09, while revenue has taken a 5% hit.
Profits per equity partner (PEP) at the Bristol-based firm fell to £198,000 from the previous year’s mark of £268,000.
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