Arnold & Porter – UK 100

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.