Dentons, The American Lawyer row, and why PEP is not “meaningless”
The Lawyer editor Catrin Griffiths explains why profitability is still a valid metric when examining law firm performance. Dentons’ decision to stop disclosing its average PEP (profit per equity partner), expressed in a letter to The American Lawyer, has sparked a storm. To summarise, Dentons global CEO Elliot Portnoy and global chair Joe Andrew first […]