Manches unveils disappointing financials – but top partners earn more
Manches’ gross revenues and average profit per equity partner (PEP) both dropped last year, according to its 2004 year-end figures. But there has been a dramatic increase in the top of equity as its new merit element of the firm’s distribution system kicks in. Turnover dropped only slightly from £23.8m to £23.5m but average profits, […]