Hogan Lovells International, which covers the firm’s operations outside of the US, has seen an 8% increase in turnover compared to the previous year, according to the firm’s filings on Companies House. This saw revenue jump from £591m in 2015 to £638.2m for the year ended April 2016.
An increase in turnover has coincided with a boost in profit per equity partner (PEP). Equity members took home on average £879,000 in 2016, a 26% increase from 2015’s figure of £698,000. The average number of members at the firm has remained effectively the same, increasing to 303 from 302.
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