24
UK/Global turnover: £12.9m/£271m
UK/global PEP: £375,000/£496,000
UK/global revenue per lawyer: £403,000/£405,000
UK revenue per partner/equity partner: £1m/£1m
Global revenue per equity partner: £1.1m
UK/global number of partners: 12/240
UK/global number of lawyers: 32/669
UK number of staff: 30
UK/global leverage ratio: 1:1.6/1:1.7
UK equity partner to staff ratio: 1:2.5
Equity structure: Modified lockstep. Begins at 30 points and includes a number of gateways, with plateau at 100 points.
Billable hours targets: None set.
Billing currency: Sterling.
Cost of living details: There was one lawyer on secondment in 2003. No cost of living allowance.
UK-based lawyer remuneration: Partners are paid in dollars, associates in sterling. No hedging mechanism in place at the moment, but the firm is reviewing this.