Six of the Global 100 now have partner profits of more than $4bn - but average PEP across the group has fallen for the first time in seven years
September 25, 2017 at 07:23 AM
1 minute read
This year saw the first decrease in average Global 100 profit per equity partner (PEP) in seven years, with that metric dropping half a percent to $1.59m.
As ever, the upper echelons of the PEP rankings are dominated by US law firms, with the magic circle still trailing their Stateside rivals by some way, despite strong performances from Allen & Overy and Clifford Chance.
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