Bond Dickinson turnover and PEP fall 3%
Bond Dickinson has reported a 3% drop in both turnover and profit per equity partner (PEP) in the 2015/16 financial year. Turnover fell from £107m to £104m, while PEP came in at £275,000, down from £284,000 in 2014/15. According to managing partner Jonathan Blair, these figures are the result of the firm’s recent investments in IT systems, as well as changes to the overall market.
Despite this year’s financial results, Bond Dickinson has seen growth in its real estate and private wealth practices, thanks to increased business from new and existing clients. The firm has also continued to expand internationally, forming alliances in the US and Germany throughout the past few years.
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