Audited profit figures released by DLA show a15 per cent hike in the firm’s turnover to £234m for the last financial year, with 21.1 per cent of the firm’s fee income being distributed as equity partner profits.
However, profits per partner (PPP) remained relatively static at £460,000, an increase of just 2 per cent from last year. DLA has seen exponential increases in PPP over the last few years, but saw growth slow down in the face of tough economic conditions last year.