Olswang has become the latest firm to announce its 2009-10 financial results, reporting a 38% increase in profits per equity partner (PEP).

PEP rose to £420,000 in the last financial year, up from last year’s figure of £305,000.
Meanwhile, turnover at the UK top 50 firm increased by 2% to £91m, up from £89.2m in 2008-09.