RPC has this morning (21 July) posted mixed financial results for 2013/14, with revenue up 3% to £84.1m – representing growth of 40% since 2011 – but partner profits down by 6% to £26m. Profit per equity partner (PEP) came in at £338,000 for the period, a 9% drop on last year’s figure of £372,000.
In 2012/13 the City firm rose five places to 44 in the LB 100 with a revenue uptick of 21% to £82.1m, while PEP increased 5% to £372,000. Profit per lawyer, however, dipped 8% to £86,000.
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