Penningtons' turnover up £1m

Penningtons' turnover has increased by £1m (5.7 per cent) to £18.5m

However, profits per partner are expected to be slightly less than last year's figure of £143,000 because the number of equity partners has increased from 20 to 36. Property remained the biggest earner, bringing in around 35 per cent of total revenue, with the litigation department coming a close second.