Eversheds' turnover up 7 per cent

Eversheds has posted a slight increase in turnover for the last financial year.

Gross fees went up 7 per cent from £212m to £227.1m while average profits per partner rose from £260,000 to £301,000.
Top equity partners moved up 18 per cent from £380,000 to £450,000. Managing partner David Ansbro said: “Bearing in mind what we did last year in merging the seven firms, this is a thoroughly satisfactory performance. The first three months of the year were very inward-looking.”
The regional practices still dominated, with London representing only 20 per cent of turnover. As part of the merger, Eversheds shed 10 equity partners (The Lawyer, 15 January). Prior to the merger, a bonus pool was shared among the offices; last year it was worth £6m.
Ansbro confirmed Eversheds and Dutch partner Boekel de Neree are working towards full merger.