Cobbetts predicts static PEP
Cobbetts is predicting no change in profitability due to a slower than anticipated consolidation of its recent growth spurt. Cobbetts managing partner Michael Shaw said average profit per equity partner (PEP) is likely to remain static at around £190,000, despite a 7 per cent turnover rise to £53.7m. Cobbetts carried out a series of mergers […]