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
8 September 2026

The questions that determine if the SRA’s client money reforms will work
Both reforms respond to real and well-evidenced gaps in the current framework. The SRA’s changes after consultation feedback shows it’s listening. But structural change on paper is only half the job.
4 September 2026

The new metrics for success in conveyancing
While technology has made much of the conveyancing process faster, there remains a practical limit to how many matters anyone can manage while still keeping standards intact.
3 September 2026

The UK legal market is polarising – and the middle is disappearing
Consolidation and the boutique boom are not contradictory. They are the same market stretching apart at both ends – and it changes what your firm is worth, and to whom.
Upcoming Webinars
- 08/09/2026
Costs and funding – the latest developments
- 08/09/2026
Valuing estate assets
Reports

The report draws on discussions from the Legal Futures Law Firm Growth Summit and explores the different routes mid-market firms are taking to achieve sustainable growth.
Associate News
Express Solicitors marks major year of growth with a new wave of promotions
New Google data sheds light on law firms’ visibility in AI search
Why reducing client friction could support law firms to work more efficiently
Garnett Williams Powell strengthens compliance and financial control with Osprey Approach
A decade in, the fundamentals of adoption haven’t changed
iManage accelerates enterprise AI transformation with Google Cloud’s Gemini Enterprise for Legal
Responsible AI for law firms – security, trust and governance







