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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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16 June 2025

What the law can learn from fintech’s onboarding revolution
Client onboarding has always been slow. It’s not just about the paperwork and manual workflows; it’s also about those long AML checks and verifications.
11 June 2025

Civil enforcement – progress at last with CJC report
‘When do I get my money?’ is a question that litigators acting for successful parties are used to fielding. The value of judgments is of course in the recovery made.
9 June 2025

Paralegals: Progression and recognition are key to retaining talent
Many lawyers could not do their jobs without the support of paralegals and for law firms to remain competitive, paralegals need to be central to their business.
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