The UK’s top 30 law firms spent almost half of their combined turnover on staff costs during the last financial year, with the total bill coming to £4.5bn. Legal Week analysis of limited liability partnership (LLP) accounts filed with Companies House for the 2011-12 financial year shows total staff costs for both lawyers and support staff accounted for 42% of fee income, with the total amount spent rising by 7.3% year-on-year.
March 21, 2013 at 08:03 PM
1 minute read
The original version of this story was published on Legalweek
LLPs highlight law firms with highest ratio of costs to turnover
The UK’s top 30 law firms spent almost half of their combined turnover on staff costs during the last financial year, with the total bill coming to £4.5bn.
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