Addleshaw Goddard reports profits slightly down, PEPs slightly up

Addleshaw Goddard has reported a slight drop in revenue this financial year – falling by three per cent from £173.1m to £167.5m. In the same period the firm's equity partners saw their profits grow by five per cent from £405,000 to £426,000. Addleshaws’ biggest billing division was contentious and commercial, which took fees of £62.5m over the year – an increase on last year’s total of £56.4m. The firm’s other three divisions saw income drop: finance and projects earned £37.2m down from £41.4m a year before; real estate earned in £36.5m, down from £41m; and corporate earned £27.5m, a drop from £32m.

Addleshaw Goddard reports profits slightly down, PEPs slightly up thelawyer.com Fri, Jun 4, 2010