Gateley has reported a significant hike in profits with profit per equity partner (PEP) soaring by 22% while revenue also climbed 7% during the 2012-13 financial year. After a disappointing 2011-12 when Gateley suffered a decline in its top and bottom line, this year the firm posted income of £66m compared to £61.5m last year. More impressive was its rise in PEP which recovered from last year’s wobble to climb to £262,000, from £214,000. The firm’s PEP figure for 2010-11 was £240,000.
July 10, 2013 at 06:26 AM
1 minute read
The original version of this story was published on Legalweek
Gateley has reported a significant hike in profits for 2012-13, with profit per equity partner (PEP) soaring by 22% and revenue up 7%.
After a disappointing 2011-12 when Gateley saw both revenue and PEP fall, the firm has this year posted firmwide income of £66m, up from £61.5m last year.
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