JD Journal » uk legal economy http://www.jdjournal.com Legal Industry News Wed, 08 Feb 2012 01:14:49 +0000 en hourly 1 http://wordpress.org/?v=3.3 UK Firms Feel the Pinch http://www.jdjournal.com/2009/11/12/uk-firms-feel-the-pinch/ http://www.jdjournal.com/2009/11/12/uk-firms-feel-the-pinch/#comments Thu, 12 Nov 2009 17:58:00 +0000 joshua http://www.jdjournal.com/?p=17845 The top 100 UK firms by revenue dropped saw profits decline by an average of 30% last year, according to a new report out from PricewaterhouseCoopers. The largest decline in income came in the second tier of firms, those listed at #11-25, where partner per partner profits were down by 28%. Firms in the “magic circle”, the top ten, had per partner profits ranging from 850,000 to 1.4 million pounds, which was still a 21% drop from last year.

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