Mayer Brown accounts reveal European profits dip

March 7, 2008 Operating profits in Mayer Brown’s London and Brussels offices fell by £3.3m during 2007 to stand at £37.7m, despite an £8.9m increase in fee income to £103.5m.

Partner numbers in the international LLP increased from 98 to 102, with around 55 partners sitting in the fixed share band. The average profit across all partners in the offices was £372,775 – down from £416,608, while profits per equity partner stood at £479,922, down from £588,000. The highest paid partner took home £1.4m, compared to £1.1m the previous year.

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