Analysis UK Business Leadership Ashurst, Herbies ride out tough year; BLP, Macfarlanes, SJ Berwin succumb By The Lawyer 14 July 2008 10:24 13 December 2015 23:19 Sign in or register to continue reading. It's FREE Sign in Email Password Keep me logged in Forgot your password? Not registered? It's FREE! Register now Register with The Lawyer Anonymous 15 July 2008 at 10:26 Faltering? Macfarlanes’ revenues increased, and PEP is still the highest of all these firms (Ashurst and Herbies have taken until now to catch up) – not sure ‘faltering’ is quite the right word… Reply Link Anonymous 15 July 2008 at 11:18 Get a grip What utter drivel. I hardly think a business whose partners are pocketing in excess of £1m a year can be thought of as having sucumbed to anything, by any stretch of even the most deranged imagination. Reading pointless articles like this makes me wonder what clients think of a profession whose trade publications focus on little beyond how well lawyers are doing by screwing said clients with ever-more preposterous hourly rates. I ask you – £180/hour for an NQ? The level of indiscriminate greed and money-grubbing on display here staggers me. What makes it worse still is that even these figures are not based on comparing like with like; so what if you have massive partner profits if only a third of your ‘partners’ actually get a share? That doesn’t make proper partnerships any the less well run because the headline figure isn’t so tempting to drooling, starry-eyed legal journalists. Reply Link Hunter S Thompson 15 July 2008 at 11:44 Drooling hacks A great man once wrote about journalism that it’s “a low trade and a habit worse than heroin, a strange seedy world full of misfits and drunkards and failures.” But I haven’t seen many Lawyer journos drooling! Reply Link Partner X 15 July 2008 at 11:47 No, you need perspective. They may still turn a profit (and if you’ve got a problem with that you should be reading Socialist Worker) but it’s been a tough year for Macfarlanes BY THEIR STANDARDS!!! Yes, they have very high standards. What’s wrong with that? Reply Link Name Email Cancel reply Threaded commenting powered by interconnect/it code.