The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Total no of fee-earners (including consultants, paralegals etc): 150
Total no of fee-earners (excluding consultants, paralegals etc): 79
Total no of staff: 327
Leverage ratio: 1:2.13
Equity partner to staff ratio: 1:11.06
Fee-earner to staff ratio: 1:1.18
Financial management: Average WIP 88 days, average debtor days 108.
Equity structure: A three-tiered partnership consisting of junior fixed share, senior fixed share and full equity partners. Remuneration is entirely merit-based and the firm operates a two-tranche profits distribution system.
Billable hours targets: 800-1,100 partners.
Key clients: Bank of Ireland, Bank of Scotland, Department of Trade & Industry, Lloyds TSB.