FAQ

Turnover means a firm's total gross fees arising from work undertaken from offices in England and Wales.

• Gross fees includes: all professional fees of the firm including remuneration, retained commission, and income of any sort whatsoever of the firm (including notarial fees). Work in Progress (WIP) should be included.
• Gross fees does not include: interest, reimbursement of disbursements, VAT, renumeration from a non-private practice source, dividends, rents, and investment profit.

Full definition of turnover