Allen & Overy‘s (A&O) c-suite including its senior partner and managing partner, global practice heads and support directors took home £13.6m in 2015/16, up 7% on last year’s £12.7m, the firm’s accounts reveal.
A&O’s revenue rose by 2% to £1.31bn for the last financial year while profits per equity partner remained stable at £1.2m following last year’s 8% jump. Profit before tax slid 1% to £562m, which the firm attributed to an increase in fee earner headcount during the first six months before a levelling off in client work in the second half.
