Charles Russell breaks £50m barrier

Charles Russell has reported indifferent profit per equity partner (PEP) figures for the last financial year, while turnover passed £50m for the first time. Preliminary 2004-05 figures showed that average PEP stayed at £265,000, while top of equity jumped 3.5 per cent to £294,000 from £285,000 in 2003-04. Turnover rose 12 per cent to £50m from £44.6m.

First revealed on www.thelawyer.com 15 June