The UK's 50 largest law firms by revenue spent a combined £5.4bn on staff costs in the 2012-13 financial year – equating to just over 40% of turnover on average.
May 22, 2014 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
The UK’s 50 largest law firms by revenue spent a combined £5.4bn on staff costs in the 2012-13 financial year – equating to just over 40% of turnover on average.
Total spend was up year-on-year according to exclusive analysis of limited liability partnership (LLP) accounts filed with Companies House carried out for Legal Week by accounting giant EY.
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