Herbies' profit smashes £1m per partner

May 14, 2008 Herbert Smith has recovered from its poor 2006-07 financial performance with its average profit per equity partner (PEP) figure breaking the £1m barrier for the first time. Over the 12 months to the end of April the firm's revenue and PEP figures both jumped 25 per cent to total £1.03m and £418m.

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