Profitability plummets at growing number of UK firms
Average profit per equity partner (PEP) has fallen at nearly half of the UK200 firms to have provided figures for 2012/13 so far, The Lawyer research has revealed. Of the 86 firms that have provided PEP figures for both the last financial year and 2011/12, 41 (48 per cent) have seen PEP decline. Almost a […]