Law Firm Finances and Profitability - Page 4

Profit also falls, though PEP remains flat amid year of ‘choppy economic and market conditions’

Turnover rises 11% to £550.9m as firm continues Europe and Middle East expansion

Transatlantic firm unveils ‘robust’ results and points to investment in people and technology

PEP rises 0.5% to £797k having dipped slightly last year

Turnover jumped 7.5% driven by growing domestic footprint and new partner hires

UK-headquartered firm grows profit per equity partner 3% in year to end of March as revenue inches up 1% to £385m

Firm points to North America as fastest-growing region as revenue reaches £854m

Firm highlights corporate practice as biggest contributor as topline grows 5.9% to €2.07bn

Helen Drayton re-elected unopposed following UK firm’s 16th consecutive year of growth

Latest results continue long-term growth trend, with profits increasing more than 70% in five years

Overall revenue hit €547.5m while UK business saw PEP push through £800k for the first time

Modest topline growth accompanied by 8.6% rise in PEP to £1.4m

UK Magic Circle firm says US revenue grew 50% over last two years; PEP edges up

Record year for UK Magic Circle firm sees PEP hit £2.2m and pre-tax profit pass £1bn for the first time

Head of tax Damien Crossley will succeed Sebastian Prichard Jones in March 2026