BLP's revenue falls 2% as firm delays salary reviews
The firm has delayed UK based salary reviews following the result of the UK's EU referendum
Berwin Leighton Paisner (BLP) saw revenue fall by just under 2% in 2015-16 to £254m, down from £259m in 2014-15, with the firm announcing its financial results at the same time as confirming that it is delaying its salary reviews in the wake of Brexit.
While revenue dipped, average profit per equity partner (PEP) grew by 4% during the same period, to £683,000 from £659,000. Limited liability partnership accounts filed with Companies House in January showed the firm’s partnership declined by 10% during the 2014-15 financial year.
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