Berwin Leighton Paisner has revealed a 6% increase in revenue at the half-year point. The firm declined to reveal its H1 reveune however aside from the percentage increase; however the results follow a series of disappointing financial results for BLP in recent years. In September the firm confirmed that its average profit per equity partner (PEP) for 2012/13 had dropped by nearly 40%. Following months of speculation about the scale of its profit decline BLP revealed that PEP stood at £401,000, down 39% from £660,000 in 2011/12. In addition net profit dropped 38% to £39.4m, from £63.6m last year.
December 02, 2013 at 10:11 AM
1 minute read
The original version of this story was published on Legalweek
Berwin Leighton Paisner has revealed a 6% increase in revenue at the half-year point.
The firm declined to reveal its H1 reveune however aside from the percentage increase; however the results follow a series of disappointing financial results for BLP in recent years.
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