The firm was a stand-out performer in 2017, but Allen & Overy (A&O) could not keep up the blistering pace for a second year as the London leader today (6 July) confirmed a solid but unspectacular 4% hike to its top line, sending revenues up £54m to £1.57bn.
The result was matched by a 4% increase in profit per equity partner (PEP), which hit £1.64m, while pre-tax profits were up 3% to £690m. The performance leaves A&O as the second largest Magic Circle firm in revenue terms.
