Financial results 2013/14: Speechly unveils 1% revenue drop to £56.8m with PEP up 5%

Speechly Bircham has unveiled its financial results for the 2013/14 year, with preliminary figures showing that revenue was down slightly by 1.2% to £56.8m while net profit stands at £11.8m and profit per equity partner (PEP) rose 5% to £312,000.

The results follow the announcement on Wednesday (16 July) that the top 55 UK firm has voted to tie-up with Charles Russell, creating a firm with 170 partners, 500 lawyers and combined revenues of £135m, projecting the combined Charles Russell Speechlys into the top 30 of the LB 100.

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