Three-year decline in equity ranks boosts partner profits by £26k
Rising numbers of salaried partners at the UK's leading law firms have inflated partner profits by an average of £26,000 across the top 30, according to Legal Week research. Alongside contracting equity ranks, profits per equity partner (PEP) at the UK top 30 firms would have stood at an average of £26,000 less in 2009 if the proportion of salaried partners had remained at 2007 levels.
Growing salaried ranks boost PEP at top 30 by average of £26k
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