Travers Smith sees partner profits leap by over 50% to break £700k
Travers Smith has posted a 53% increase in profits per equity partner (PEP) in a strong financial fightback in the wake of a tough 2008-09. Travers saw profits rise to £705,000 over the 2009-10 financial year, up from the previous figure of £460,000. The City firm also posted a double-digit increase in turnover, with revenues rising by 11.6% to £72m, up from £64.5m in 2008-09.
Travers Smith has posted a 53% increase in profits per equity partner (PEP) in a strong financial fightback in the wake of a tough 2008-09.
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