The latest round of LLP accounts show profit, management pay and remuneration for the highest earning member all fell at Taylor Wessing, while Pinsent Masons delivered strong growth across the board, pushing its top earner past the £1m mark.
Taylor Wessing’s accounts for the year to 30 April 2017 show that despite a small 2% increase in turnover to £129.3m, profit available for division among LLP members fell to $46.9m from $49.9m. Similarly, the sum awarded to the highest-paid member dropped 11% to £1,039,000 in the same period while pay for key management personnel fell to $5.8m from $6.1m.
