Herbert Smith posts modest rise in revenues and PEP

June 29, 2010 Herbert Smith has posted figures from the 2009-10 financial year, which show that the firm’s fortunes have stabilized. After 2008-09 saw profit per equity partner drop by 17 per cent, there must be some relief to see that the firm’s profit per equity partner rose 2 per cent this year, to £862,000.

Revenues rose 1.3 per cent to £450 million.

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