Insurance and shipping-focused law firms have seen partner profits dip this year, following a sustained period of investment which has driven revenues across the group to new heights.
July 26, 2012 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Insurance and shipping-focused law firms have seen partner profits dip this year, following a sustained period of investment which has driven revenues across the group to new heights.
Clyde & Co, Holman Fenwick Willan, Kennedys, Watson Farley & Williams, Ince & Co and Berrymans Lace Mawer all saw profits per equity partner (PEP) fall by between 2% and 15% during 2011-12, against an average increase in turnover of 12.6%.
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