Lovells signs off for Hogan union with 13% hike in partner profits
Hogan Lovells legacy practice Lovells has unveiled its final financial results before its US merger with the firm achieving a 13% hike in profits per equity partner (PEP). Results announced today (14 July) show that the firm's PEP hit £663,000 for 2009-10, against £586,000 in the previous year. Turnover increased by 2% to reach £541.8m. The performance, which includes some integration costs for the merger with Hogan & Hartson and the closure of Lovells' Chicago office, makes the UK firm one of the strongest performers this year in the City top 10.
Hogan Lovells legacy practice Lovells has unveiled its final financial results before its US merger with the firm achieving a 13% hike in profits per equity partner (PEP).
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