Speechly Bircham has become the latest firm to post a record profit, based primarily on a stellar performance by its property team. Average profit per equity partner smashed through the £300,000 barrier, rising 40 per cent from £265,000 to £365,000, the firm’s best-ever performance. Turnover rose more modestly, up 16 per cent to £29m. Revenues from the property group increased by just under 20 per cent and the banking and finance team also saw significant growth.
First revealed on www.thelawyer.com 23 May