Blake Lapthorn PEP woes kill off lockstep
Blake Lapthorn has abandoned its lockstep after its average profit per equity partner (PEP) figure fell by 68 per cent last year, dropping to £65,000 from last year’s £204,000. Walter Cha In a major overhaul of its partnership structure the south coast firm has shed around a quarter of its equity partners and discarded its lockstep […]