Law Firm Finances and Profitability - Page 9

Turnover hit €1.862bn for the 2022 financial year, but firm did not disclose profits

Litigation growth also helps offset drop in transactional demand, according to Thomson Reuters

Profit at AG rises 18% in FY23 to £184m as Bird & Bird’s grows 8.4%

PEP holds steady at £708k as insurance law giant points to investments and swelling partner ranks

Results follow run of partner losses at start of the year to top tier rivals

Policy announced on day firm posts strong set of results with revenue and PEP both up

PEP dips to £930k as City firm becomes latest to record revenue rise but falling profits

Inflation and geopolitical uncertainty cited as pre-tax profit falls by 2%

Top London independent’s PEP stays ahead of Magic Circle rivals despite falling almost 20% to £2.1m

‘Twin engines’ of transactional and contentious help nudge up PEP by 1% in challenging markets

UK firm matches Magic Circle rival Allen & Overy in meeting revenue landmark as PEP remains at £2m

Results sees firm buck trend among UK rivals of revenue growth but flat profits

Turnover hits £521m but PEP remains constant at £1m

Turnover ahead of proposed Shearman merger grows 7% but PEP falls slightly to £1.82m

High inflation and rising costs sees PEP dip 0.4% from 2022’s record high of £1.175m