Law firms

‘Sharpens the focus’: Turnover and PEP stall at Travers after challenging year

‘Sharpens the focus’: Turnover and PEP stall at Travers after challenging year

A turbulent year of partner losses has culminated in disappointing financials for Travers Smith as revenue edged up only 1% to £197.5m from £195m in 2021/22.

Profit per equity partner (PEP) too was flat at £1.1m compared to last year’s £1.105m after a 9% drop in 2021/22 from £1.22m.

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