Clyde & Co Profits Slide As Muted Results Season Continues
The firm said over half of its revenue came from its non-U.K. operations.
July 28, 2020 at 08:59 AM
2 minute read
Clyde & Co is the latest law firm to post a slump in profits and PEP for the last financial year, as muted results continue to roll in.
The firm announced on Tuesday that profit at the firm fell 5% to £143 million during the year to April, "due to increased investment."
Average profit per equity partner was down 4% to £665,000 compared with £690,000 in the prior year. The firm's revenue nudged up 3% to hit £627 million.
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