Wilmer Cutler records impressive £870K PEP

Wilmer Cutler Pickering Hale and Dorr has posted average profit per equity partner (PEP) of $870,000 in its first full financial year as a merged firm.
The results compare favourably with the average PEP of $780,000 at pre-merger Wilmer Cutler and $810,000 at Hale and Dorr.
The firm’s turnover for 2004 was $750m, up an impressive 14 per cent on a combined total for Wilmer Cutler & Pickering ($334m) and Hale & Dorr ($325m) in 2003. The results should see the merged firm leap into the top 15 US firms, ranked by total revenues.