Hogan Lovells has announced its 2011 financial results, with turnover remaining static at $1.66bn (£1.06bn) while profits per equity partner (PEP) rose 2% during the year.

The transatlantic firm saw turnover increase marginally from $1.664bn (£1.05bn) to $1.665bn last year, while PEP climbed to $1.165m (£743,000), up 2% from the previous year’s figure of $1.144m (£730,000).