It has been another muted performance from the second 25, typically the strongest-performing group in the LB100 historically. Average revenue may be up 8% to £180.4m – in line with the LB100 as a whole – but revenue per lawyer (RPL) stayed flat at £289,000. Profit per lawyer (PPL) barely moved at £74,000 and neither did profit per equity partner (PEP), which more or less held steady at £629,000.
However, this performance is broadly in line with the other two groups in the LB100, where average RPL, PPL and PEP have barely moved either way.
Subscriber Access
You must be logged in to view full premium content.