Travers Smith boosts PEP by 24% as revenue soars to almost £150m

City firm sees PEP rise to £1.2m after ninth consecutive year of revenue growth

Travers Smith has posted a 24% rise in profit per equity partner (PEP) against a revenue increase of 17.5% after a strong year for the firm.

The results mark a turnaround after a “challenging” 2016-17 that saw PEP fall by 4.4%, although the top-line increase marks the firm’s ninth consecutive year of revenue growth.

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