TITLE

'Disappointed' Manches sees profit, revenue dip

AUTHOR(S)
Byrne, Matt
PUB. DATE
March 2005
SOURCE
Lawyer;3/28/2005, Vol. 19 Issue 12, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Manches Solicitors' gross revenues and average profit both dropped in 2004, its 2004 year-end results reveal. But there has been a dramatic increase in the top of equity as the firm's new merit element to its distribution system kicks in. Manches Solicitors' chairman Jane Simpson admitted that she was disappointed by the firm's performance, but argued that 2004 had been a year of transition. The firm is targeting an average profit per equity partner of 300,000 pounds by 2007, with Simpson confident of meeting that target.
ACCESSION #
17187813

 

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