LG PEP rises 64% as Norton Rose revenues hold steady
LG has posted a 64% increase in profits per equity partner (PEP) in a dramatic turnaround for the UK top 50 firm. Profits at the City law firm rose sharply from last year's figure of £281,000 to a new high of £460,000, after falling by 35% in 2008-09. The firm's PEP is now higher than it was during the boom year of 2007-08, when it stood at £430,000.
June 22, 2010 at 12:52 AM
2 minute read
UK top 50 firm posts dramatic profits turnaround after strong year
LG has posted a 64% increase in profits per equity partner (PEP) in a dramatic turnaround for the UK top 50 firm.
Profits at the City law firm rose sharply from last year's figure of £281,000 to a new high of £460,000, after falling by 35% in 2008-09. The firm's PEP is now higher than it was during the boom year of 2007-08, when it stood at £430,000.
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