UK Top 50 Ranked by PEP: Biggest Drop Since the Financial Crisis
Many of the astronomical rises of the past couple of years have been 'corrected', with PEP at some firms dropping by as much as 55%.
September 15, 2023 at 07:21 AM
4 minute read
Average profits per equity partner across the U.K.'s largest 50 law firms dropped by 8.1% in the financial year to April 2023—the largest decline in PEP since the financial crash of 2007-2008.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Related Stories
View AllYou Might Like
View AllBCLP Mulls Merger Prospects as Profitability Lags, Partnership Shrinks
Law Firms Mentioned
Trending Stories
- 1The Fearless Forecaster’s Employment Law Predictions for 2025
- 2Judicial Conference Declines Democratic Request to Refer Justice Thomas to DOJ
- 3People in the News—Jan. 2, 2025—Eastburn and Gray, Klehr Harrison
- 4Deal Watch: Latham, Paul Weiss, Debevoise Land on Year-End Big Deals. Plus, Mixed Messages for 2025 M&A
- 5Bathroom Recording Leads to Lawyer's Disbarment: Disciplinary Roundup
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250