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NEWS Breaking Legal News Revealed: the 12 UK firms with million-plus partners Twelve UK firms have top equity partners on more than £1m, up from eight last year as the top end of the market benefits from record transactional levels in 2006-07. The figures are revealed in the publication of The Lawyer UK 200 Annual Report, out on 3 September. Slaughters fails to save BA from price-fixing fine British Airways (BA), advised by Slaughter and May, yesterday pleaded guilty to price-fixing in the US, admitting to two counts of engaging in conspiracies with other airlines to fix prices of fuel surcharges on passenger and cargo flights. Lawyer News Daily Slaughters makes a killing When it comes to law firm financials we all know that profit per equity partner (PEP) is just one measure of many. But let’s face it – it’s still the most eyecatching. A grand time at $impson Simpson Thacher & Bartlett is used to leading the pack when it comes to salary rises. Now it’s doing the same with charge-out rates: the two are not unconnected.

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