Clifford Chance (CC) has announced the details of its 2010-11 financial results, with profits per equity partner (PEP) rising 8% alongside a marginal increase in turnover. The magic circle firm reported an unaudited PEP figure of £1,005,000, with the 8% increase coming after a substantial PEP increase last year, when profits jumped by 25% to £933,000. Overall, profits stood at £381m for the accounting period, up 10% on the previous financial year.
July 05, 2011 at 06:03 AM
1 minute read
The original version of this story was published on Legalweek
Clifford Chance (CC) has announced the details of its 2010-11 financial results, with profits per equity partner (PEP) rising 8% alongside a marginal increase in turnover.
The magic circle firm reported an unaudited PEP figure of £1,005,000, with the 8% increase coming after a substantial PEP increase last year, when profits jumped by 25% to £933,000. Overall, profits stood at £381m for the accounting period, up 10% on the previous financial year.
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