Tag Results
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
Blog
16 May 2025
Blinded by the light: Can law firms survive the PE gold rush?
In a legal market where tradition collides with transformation, law firms of every size and stripe are being approached almost daily by private equity houses.
13 May 2025
The COFA role: Balancing responsibility, risk and reality
The world of legal compliance is a pressured one, with few positions carrying the weight of personal responsibility quite like that of the COFA.
9 May 2025
Why you should be using AI – but for the boring stuff
The legal industry is excited about AI. That’s good. But the direction of that excitement isn’t always useful. It’s the really dull tasks where AI could make a visible difference quickly.
