After record profitability last year Macfarlanes has reported a 9% fall in profits to £82.5m, while management pay was up, according to its latest LLP accounts.
In 2014/15 Macfarlanes recorded operating profits of £91m with top member income up to £2m. However, this year the top earning member took home £1.76m. Key management figures at the firm collectively saw an increase in take home pay from £4.3m, up from £3.9m the year before.
