News Kennedys Insurance UK Financial news Revenue hits five-year high at Kennedys up to £128.5m By Hannah Gannage-Stewart 23 July 2014 00:03 17 December 2015 12:12 Sign in or register to continue reading. It's FREE Sign in Email Password Keep me logged in Forgot your password? Not registered? It's FREE! Register now Register with The Lawyer Anonymous 23 July 2014 at 09:24 Revenue would have to increase if they had an increase of at least 20 partners from a merger – if it dropped, then that would be a real headline. PEP is down, and we don’t even need to go there again. What we need is a useful reporting mechanism that can show us revenue per fee earner or profit per fee earner. This would allow us to compare like for like. Headlines such as ‘five year high’ paint a different picture to what is actually happening. Growth by merger (e.g. Kennedys) or random openings (e.g. Bird & Bird) does increase turnover, but look at fair profitability information, then discount inflation, and then try put a positive spin on that. Reply Link Anonymous 23 July 2014 at 18:21 Turnover up, partner numbers up, spending up, profits down, chief executive apparently unconcerned…. Reply Link Name Email Cancel reply Threaded commenting powered by interconnect/it code.