SNR Denton’s EMEA arm has boosted partner profits by around 50%, despite revenues declining by 6% during the 2011-12 financial year. Profits per equity partner (PEP) have risen from £232,000 to £350,000, equating to a 51% increase, with the firm attributing the hike to efficiency savings. Last year's PEP figure was the lowest of all of the UK top 50 law firms.
June 19, 2012 at 09:18 AM
1 minute read
The original version of this story was published on Legalweek
SNR Denton’s EMEA arm has boosted partner profits by around 50%, despite revenues declining by 6% during the 2011-12 financial year.
Profits per equity partner (PEP) have risen from £232,000 to £350,000, equating to a 51% increase, with the firm attributing the hike to efficiency savings. Last year’s PEP figure was the lowest of all of the UK top 50 law firms.
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