Travers Smith posts 50% increase in PEP

July 9, 2010 Travers Smith has increased profits per equity partner by 50 per cent, from £470,000 to £705,000, in the 2009-10 financial year.

The firm also posted an 11.6 per cent increase in turnover in the same period, from £64.5 millon to £72 million.

These figures show significant recovery, without quite reaching the firm’s high point in 2007-08 when profits and revenue stood at £755,000 and £81m respectively.

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