A&O Shearman has posted double-digit increases to profit and PEP in its most recent financial results, with a slight dip in revenue as the merged firm ‘sharpens its focus.’
The firm increased its profit before tax by 14%, hitting $1.6bn (£1.2bn), while profit per equity partner (PEP) grew by 12%, rising to $2.9m (£2.2m) – up from $2.6m (£2m).
