Clifford Chance (CC) has seen revenues fall 2.5% and profits per equity partner (PEP) dip 9%, as the firm becomes the last of the UK's four biggest magic circle firms to announce its financial results for 2012-13. The firm saw revenues fall to £1.271bn, down from £1.303bn last year, while PEP now stands at £1m, after average equity partner count rose from 400 to 411 over the year.
July 08, 2013 at 06:33 AM
1 minute read
The original version of this story was published on Legalweek
Clifford Chance (CC) has seen revenues fall 2.5% and profits per equity partner (PEP) dip 9%, as the firm becomes the last of the UK’s four biggest magic circle firms to announce its financial results for 2012-13.
The firm saw revenues fall to £1.271bn, down from £1.303bn last year, while PEP now stands at £1m, after average equity partner count rose from 400 to 411 over the year.
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