PEP down 4 per cent at SullCrom, revenue flat
Average profit per equity partner (PEP) fell 4 per cent at Sullivan & Cromwell last year as the Wall St titan battled the impact of the economic downturn. Despite the reduction, PEP at Sullivan remained at around the $3m mark, leaving it still the most profitable full-service US law firm. The firm’s 4 per cent […]