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
10 June 2026
Why is Andrew Malkinson still paying for a crime he didn’t commit?
Like many in my profession and beyond, I have been moved by the case of Andrew Malkinson, the man who spent 17 years in prison for an awful crime he did not commit.
8 June 2026
What is tech bloat and why is it a problem for law firms?
Too many law firms are adopting shiny new tech without first retiring their legacy systems, causing duplication and unnecessary costs.
5 June 2026
The civil courts and the digital divide
Despite the government’s decision to increase Ministry of Justice funding, its budget for 2025-26 is still 14% lower in real terms than in 2007-08.
