Financial results 2013/14: Trowers posts mixed results with net profit up 15% but global revenue down 1.4%

UK top-50 firm Trowers & Hamlins has unveiled mixed financials for the 2013/14 financial year, with net profits up almost 15% from £15.8m to £18.1m, while global revenue was down by 1.4% to £77.2m from £78.3m last year.

Profit per equity partner (PEP) at the 313-lawyer firm was up to £320,000 in 2013/14, an increase of 4% compared with the 2012/13 figure of £304,000, which represented a 37% drop on the year before.

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