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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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Our vision for 2026: A shared approach to AML
We want to see law firms start taking AML compliance as seriously as it deserves. This means treating it not as a tick-box exercise or a procedural necessity, but as a serious part of company culture.

Why later-life divorce requires a distinct professional framework
Later-life divorce, often described as ‘silver splitter’ or ‘grey divorce’ cases, is no longer a marginal feature of family law practice. It challenges long-standing assumptions about how divorce work is done.

Listening, learning and leading The Solicitor’s Charity with care
As I prepare to hand over the mantle of chair of The Solicitor’s Charity next month, it doesn’t feel like an end. Instead, it feels like a wonderful journey.
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