BLP confirms 40 per cent cut in profit for 2012/13

News Article - 30/09/2013 : berwin leighton paisner, blp, clyde & co, Finance, pep, profit, profit per equity partner, Finance, Community

Berwin Leighton Paisner (BLP) has unveiled its 2012/13 profit figures, revealing a 39 per cent drop in average profit per equity partner (PEP) and a 38 per cent drop in net profit.

In what has amounted to one of the worst-kept secrets in...

Davenport Lyons to review pay structure as partners vote on LLP conversion

News Article - 13/09/2013 : davenport lyons, equity, limited liability partnership, llp, pep, profit per equity partner, profitability, revenue, Finance, Practice Management

Davenport Lyons has become the latest UK firm to agree to convert to limited liability partnership (LLP) status, with the firm likely to move towards a more commission-based remuneration system once the change takes place.

Equity partners...