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Bristol’s TLT records 42 per cent PEP increase

TLT Solicitors has become the first of the Bristol-headquartered firms to announce its financial results and it has had a remarkable year. Provisional PEP shot up 42 per cent to £300,000 from last year’s £210,000 while turnover increased by 34 per cent to £28.75m up from £21.5m. Managing partner David Pester told The Lawyer: ““TLT’s […]

The three degrees

All readers will be more than familiar with law firm hierarchies, but even Tulkinghorn was not aware that at some firms it even extends to party invites. This Wednesday (31 May) will see Denton Wilde Sapte host its annual press party. Tulkinghorn was of course delighted to be invited, and was even more delighted to […]

Ofcom chief exec Carter quits

Ofcom’s chief executive Stephen Carter has stepped down from his role, the Ofcom board has announced. Carter, who left NTL in 2003 to join the new regulator, has resigned from the position effective 15 october 2006. He will continue to lead on all operational and financial matters until his leaving date, but from 1 August […]

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 […]

Thomas Eggar, Cripps ride South East boom

South East firms Cripps Harries Hall and Thomas Eggar have profited from the booming economy in the region with record turnover and profit per equity partner (PEP) figures. Cripps’ fee income rose by 17 per cent to £16.35m, compared with £14m last year. This includes the adjustment made for the sale of wealth management arm […]

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