Legal Week - Holman Fenwick Willan

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Gateley posts 22% PEP hike as HFW, Shoosmiths unveil 2012-13 results
2013-07-10 10:26 UTC by Gerard Starkey, contributor

Gateley has reported a significant hike in profits with profit per equity partner (PEP) soaring by 22% while revenue also climbed 7% during the 2012-13 financial year. After a disappointing 2011-12 when Gateley suffered a decline in its top and bottom line, this year the firm posted income of £66m compared to £61.5m last year. More impressive was its rise in PEP which recovered from last year’s wobble to climb to £262,000, from £214,000. The firm’s PEP figure for 2010-11 was £240,000.

     

 

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