Partners Feel the Pinch As Profits Likely to Drop 27 Per Cent at Maclay
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Summary
PARTNERS at one of Scotland's "big four" law firms are braced for a sharp fall in profits as the recession continues to wreak havoc in the profession.
Fee income at Maclay Murray & Spens fell by 8.4 per cent to GBP 55.4 million in the year to the end of May.See the full content of this document
Extract
Partners Feel the Pinch As Profits Likely to Drop 27 Per Cent at Maclay
Maclay's accounts are still subject to audit, but the firm expects a 27 per cent slump in profits to about GBP 13.5m.
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