Griffiths, Catrin
July 2005
Lawyer;7/25/2005, Vol. 19 Issue 29, p3
Trade Publication
The article comments on dominance of profit per equity partner (PEP) as a key indicator of law firm's financial performance in Great Britain. There is a difference in calculating the financial performance of law firms based on average earnings for all partners, not just equity partners. The author cautions that all-partner earnings figure should not be seen as a substitute for PEP.


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