Trowers & Hamlins turnover and PEP rise
Trowers & Hamlins has reported its latest financial results, posting increases in turnover and profit per equity partner (PEP) following last year’s mixed results.
Revenue was up 12% from £85.6m to £97m in 2016/17, while average profit per equity partner (PEP) rose by 1% from £310,000 to £312,000. This year’s results follow a number of investments by the firm in practices such as housing, banking & finance, commercial property, litigation and construction practices throughout the year.
The firm’s headcount increased in terms of total lawyers and non-equity partners.
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