Simmons in dramatic U-turn as PEP drops
Simmons & Simmons has been hit by a 19.6 per cent drop in average profit per equity partner (PEP) after seeing four consecutive years of growth. In its financial results for 2008-09, Simmons’ PEP fell to £520,000 from a high of £647,000 last year. Turnover grew slightly, from £289m to £291m. Managing partner Mark Dawkins […]