North West firm Halliwells has smashed last years profit per equity partner (PEP) figure with a 20 per cent increase taking it over £600,000.
PEP shot up from £508,000 to £612,000 during the same year as Halliwells’ merger with the James Chapman & Co insurance team in Manchester.
Managing partner at Halliwells, Ian Austin, commented: “We are right on course with year two of our business plan and are committed to increasing our market share. The quality of our people and our client has never been higher.”
Turnover for the firm has increased by 37.5 per cent on the back of the merger. Turnover was up to £86.2m compared to last year’s £62.7m.
The year’s figures take the firm one step closer to Austin’s goal to become one of the top 25 firms in the UK. The firm is likely to usurp Barlow Lyde & Gilbert in the top 30.