BLP profits fall 21% in latest LLP

LLP accounts for legacy Berwin Leighton Paisner show a 21% decrease in profits for the last financial year, prior to the firm’s merger with Bryan Cave. Operating profit came in at £56.9m in 2018, compared to £72.5min 2017. Revenues fell by 3%, while total management compensation decreased by 18%. Following the merger, which took effect in April 2018, the firm has shifted toward more of a U-style compensation structure.

BLP profits fall 21% in latest LLP legalbusiness.co.uk Thu, Jan 31, 2019