Herbies has managed to increase both turnover and profits per equity partner (PEP) for the 2009-10 financial year. Turnover edged up slightly by 1.3% from £444m to £449.9m whilst PEP increased by 2% from £845,000 in 2008-09 to £862,000. Despite bucking the general trend of falling revenues, the firm’s PEP results are significantly below the £1.02m acheived in 2007-08 financial year.

Meanwhile, Nabarro has seen substantial falls in turnover and profits for the 2009-10 financial year. Turnover is down around 10% at £113.8m compared to £126.5m last year and PEP is down 15%, from £375k in 20080-09 to £320k this year.