Lawrence Graham (LG) posted a greater drop in turnover in the 2012-13 financial year than previously reported, according to accounts filed by the law firm.

Turnover fell to £50.6m last year, a decrease of 10% on 2011-12′s figure of £56m. According to unaudited figures released by the firm last July it had recorded revenues of £51.8m, a 7% dip on the previous year, alongside a 14% drop in profits per equity partner (PEP) to £260,000.