Law firms

‘A challenging year’: DAC Beachcroft profit falls as firm hit by rising staff costs and IT failure

DAC Beachcroft’s latest LLP fillings at Companies House have revealed the firm’s profits available for division among members fell by 18.3% from £31.2m in the 2012/13 financial year to £25.5m in the year to 30 April 2014 as staff costs rose and the firm booked the cost of an IT failure.

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