Law firms

Eversheds average member remuneration drops 10% to £386,000, as staff costs increase 16% to £174m

Eversheds average member remuneration drops 10% to £386,000, as staff costs increase 16% to £174m

Eversheds LLP’s have revealed that the firm’s average remuneration per member has dropped 10% from £410,000 to £386,000 as the firm’s staff costs have increased 16% from £150.2m to £174m.

Turnover at the firm for the financial year 2015/16 was £405.3m, up 7% from £379.4m while profit only increased by 2% from £121.9m to £124.4m.

This article is for Legal Business subscribers. Please log in or subscribe to read on.