Allen & Overy sees revenue and PEP tick upwards as firm restates US ambitions

Magic circle firm builds on last year's record results with rising revenue and PEP

Allen & Overy (A&O) has posted 4% growth in both revenue and profit per equity partner (PEP) for 2017-18 as the firm continues to build on last year’s standout results.

The magic circle firm added £54m to its top line during the year to reach £1.57bn, while PEP also saw the same percentage increase to hit £1.64m. Profits before tax increased 3% to £690m.

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