Travers Smith has today (26 August) reported a modest 5% rise in revenue to £195m from £185.7m. This represents a slowdown from the firm’s 15% hike last year as it is impacted by the war in Ukraine and resulting macroeconomic challenges.
Profit per equity partner (PEP) fell 9% to £1.105m from £1.22m in 2021. Meanwhile, equity partner numbers stayed broadly flat with 58, one more than last year.
