Shoosmiths 2008-09 partner profits plummet by 54% to £150,000 PEP

Jul 06, 2009 in Barristers, Legal, Solicitors

Claire Ruckin Legalweek Mon, 06 Jul 2009 11:35:00 +0100 Shoosmiths has reported a marginal drop in turnover for 2008-09 but seen profits per equity partner (PEP) plunge by 54% - the biggest drop in profits at a top 50 firm to date. Shoosmiths’ PEP plummeted by 54% to £150,000 for the last financial year down from £327,000 in 2007-08. Revenue dipped by 4%, falling from £103.4m in 2007-08 to £99m.

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Shoosmiths 2008-09 partner profits plummet by 54% to £150,000 PEP

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Shoosmiths 2008-09 partner profits plummet by 54% to £150,000 PEP

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