PEPs are up at Denton Wilde Sapte, despite drop in revenue

Equity partners at Denton Wilde Sapte have had a pretty good year, despite a drop in total revenue. The average profit per equity partner grew by 22 per cent for the 2009-10 financial year to £360,000, up from last year’s figure of £300,000, but still lower than the 2007-08 figure of £470,000. The firm reported a total profit figure of £31.4 million - reflecting a profit margin of 19 per cent on a total turnover of £167.5 million. Last year the firm’s profit margin was 15 per cent on total turnover of £169.8 million.

PEPs are up at Denton Wilde Sapte, despite drop in revenue thelawyer.com Thu, May 20, 2010