Growth Hits the Lawyers in Pocket

Summary


Many law firms in the Midlands have seen profits tumble on the back of an expansion drive, it was claimed yesterday.

According to the PricewaterhouseCoopers 2005 Financial Management in Law Firms survey, 64 per cent have seen fees billed per equity partner increase.

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Extract


Growth Hits the Lawyers in Pocket

But 48 per cent have seen a decrease in the profit available for equity partners after taking on more s...

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