Financial results 2013/14: Macfarlanes breaks through £1m PEP threshold as profit and turnover up over 20%

Macfarlanes has achieved a high double digit jump in both revenue and profit per equity partner (PEP) for the 2013/14 financial period, with both up by over 20%, as the top 35 UK firm breaks through the £1m PEP threshold.

The 324-lawyer firm revealed today (9 July) that its unaudited turnover was up 22% to £139.7m for the period, compared to £114.2m last financial year, while PEP has come in at £1.19m, a 21% increase on the £985,000 recorded in 2013.

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