Watson, Farley & Williams (WFW) has seen profits per equity partner (PEP) dip by 13% during 2012-13 despite turnover breaking through the £100m barrier for the first time. After posting a PEP figure of £446,000 in 2011-12, average partner pay has slipped to £388,000 following a year in which the firm invested in a new Frankfurt office which opened in January. Revenue, meanwhile, has risen a little over 2% to £102.1m from £99.8 the previous year – a rise which can be partly attributed to its Hong Kong office which was launched in March 2012.
July 05, 2013 at 07:58 AM
1 minute read
The original version of this story was published on Legalweek
Watson Farley & Williams has seen profits per equity partner (PEP) dip by 13% despite turnover breaking through the £100m barrier for the first time.
After posting a figure of £446,000 last year, PEP has now slipped to £388,000 following a year in which the firm invested in a new Frankfurt office which opened in January.
Presented by BigVoodoo
Celebrate outstanding achievement in law firms, chambers, in-house legal departments and alternative business structures.
The African Legal Awards recognise exceptional achievement within Africa s legal community during a period of rapid change.
The premier educational and networking event for employee benefits brokers and agents.
Atlanta s John Marshall Law School is seeking to hire one or more full-time, visiting Legal WritingInstructors to teach Legal Research, Anal...
Shipman is seeking an associate to join our Labor & Employment practice in our Hartford, New Haven, or Stamford office. Candidates shou...
Evergreen Trading is a media investment firm headquartered in NYC. We help brands achieve their goals by leveraging their unwanted assets to...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
