BLP unveils 6% rise in revenues at half-year point
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.
Berwin Leighton Paisner has revealed a 6% increase in revenue at the half-year point.
This premium content is reserved for
Legal Week Subscribers.
Subscribe today and get 10% off.
A PREMIUM SUBSCRIPTION PROVIDES:
- Trusted insight, news and analysis from the UK and across the globe
- Connections to senior business lawyers within the leading law firms and legal departments
- Optimized access on all of your devices: desktop, tablet and mobile
- Complete access to the site's full archive of more than 56,000 articles
Already have an account? Sign In Now