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Average big firm PEP tops £1m but fee income per hour falls
Monday, 20 October 2014Average profit per equity partner (PEP) for the top 10 law firms has exceeded £1m for first time since 2008, reaching £1.03m, while they also recorded a record average profit margin of 40%, PwC has reported.
Tags: profitability, PwC, Top 100
Posted in Finance, Latest news
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30 October 2024
The SRA – an unprecedented crisis of confidence
Be in no doubt that yesterday marked the deepest crisis that the Solicitors Regulation Authority has ever faced. It needs to show humility and accountability.
28 October 2024
Ten questions to ask a potential financial planning partner
The Solicitors Regulation Authority’s codes of conduct are clear how crucial proper due diligence is when assessing third-party partners.
24 October 2024
Seasonal law firm marketing: is it worth it?
Marketing is essential for any law firm looking to attract clients and build its brand. One such strategy that has gained traction in recent years is seasonal marketing.
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