Travers partners see profit shares dip after year of flat revenues
Travers Smith has announced its preliminary financial results for the 2010-11 financial year, with average profit per equity partner (PEP) falling 8 per cent from £705,000 to £650,000. Turnover remained flat year-on-year at £72m. Managing partner Andrew Lilley put the decrease in PEP down to higher overheads and said the outlook was promising, but that […]