Macfarlanes has posted record profit per equity partner (PEP), which is nearing £2.5 million, to outstrip its elite rivals in London.
According to its unaudited financial results for the year ending April 2022, the firm’s PEP leapt nearly 20% from £2.085 million to reach £2.484 million, bettering elite London firms Allen & Overy’s £1.95 million PEP and Clifford Chance’s £2.04 million.