Partner profits down 15% at Hill Dicks as revenue creeps up

Hill Dickinson saw its profits per equity partner (PEP) slip by 15% over the 2012-13 financial year despite a slight increase in turnover. The firm posted income of £112.8m for the 12-month period ending 30 April, 2% up on the previous year's figure of £110.1m. However, Hill Dickinson's profits took a knock with PEP down to £264,000 from £312,000. The firm's managing partner Peter Jackson attributing this decrease to an increase in overheads and international expansion.

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