FOCUS OF THE DAY: verage practice income and profit per equity partner in medium-sized firms rose strongly in 2014, according to an annual health check published today. Figures from the Law Management Section’s 2014 Financial Benchmarking Survey are unanimously positive and point to firms having a strong year, the Law Society said. Financial stability is also improving. The Society said that there has been ‘a dramatic rise in the percentage of practices operating profitably and within their overdraft limit’. Full story - The Law Society Gazette
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