A&O’s PEP falls but remains in £1m club
The publication last Friday (10 July) of Allen & Overy’s (A&O) 2008-09 results slotted the final piece into this year’s magic circle financial jigsaw. Average profit per equity partner (PEP) dropped by 11 per cent, while turnover grew by 7 per cent to £1.09bn. Despite the reduction in PEP, A&O was able to hold on […]