Law firms Growing pains: ongoing investment sees PEP at Penningtons Manches tumble 16% Kathryn McCann · 28 July 2016 · 2 min read Financial results Penningtons Manches Cooper Sustained investment and the costs of bedding down a merger impacted on profits at Penningtons Manches, which posted a lift in revenue but a tumble in profits per equity partner (PEP) for the financial year 2015/16.Your limit of 1 article in 30 days is up. Please login for full access or subscribe. Corporate users - click here for simple access (no password needed). For more information, please contact [email protected] Related ContentMore in this categoryRevolving Doors: Mayer Brown hires Kirkland lev fin partner as Garrigues and Cuatrecasas make moves in ChileLaw firmsWill Lewallen22 Apr 2026Revolving doors: Sidley raids Latham again as Fried Frank taps Kirkland for latest London hireLaw firmsKate Peacock12 Mar 2026Revolving Doors: Latham swipes German transactions team from Freshfields as Ropes rebuilds in private equityLaw firmsTheresa Hargreaves15 Dec 2025BCLP revenue bounces back as McDermott breaks $2bnLaw firmsTom Cox25 Feb 2025White & Case breaks $3bn revenue barrier while PEP jumps 27%BlogsElisha Juttla6 Feb 2025Freshfields US revenues rise 26% as firm breaks £2bn mark for first timeBlogsAnna Huntley4 Feb 2025Revolving doors: Simpson Thacher, Latham, Sidley lead New Year London movesLaw firmsAnna Huntley9 Jan 2025Five partners vie to succeed Hoyland as Simmons managing partnerLaw firmsTom Cox7 Jan 2025‘Seize every opportunity’ – Paul Hastings partner Reena Gogna on City law, Suits and poetryLaw firmsAnna Huntley7 Jan 2025