Turnover fell from £107m to £104m, while PEP dropped from £284,000 to £275,000. The firm attributes the lower figures to investment in the business and its people in order to be in the best possible position for long term growth.  

IT investment

Bond Dickinson managing partner Jonathan Blair commented: 'There has been a hardening of the market, there is no doubt at all about that,’ adding that the company had made a ‘significant and worthwhile’ investment around [legal software] Aderant that had impacted the company’s top line.

Source: Legal Business