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Clifford Chance partner profit flat at £2m amid ‘inflationary pressure’
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Clifford Chance's revenue has passed £2bn, but average profit per equity partner has flatlined at £2m in the face of tough market conditions.
The firm boosted turnover by 5% to £2.06bn in the year to 30 April, despite what managing partner Charles Adams called “significant political and economic headwinds”.
The firm’s average profit per equity...
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