Bircham Dyson Bell – UK 100

Turnover: £22.7m

Profit per equity partner: £210,000

Equity spread: £140,000-£250,000

Net profit: £5m

Profit margin: 22 per cent

Salaried partner remuneration: £97,250

Revenue per lawyer: £252,000

Revenue per partner: £528,000

Revenue per equity partner: £946,000

Cost per lawyer: £197,000

Profit per lawyer: £56,000

No of partners: 43

No of equity partners: 24

No of female partners: Seven

No of female equity partners: Two

Total no of fee-earners (including consultants, paralegals etc): 129

Total no of fee-earners (excluding consultants, paralegals etc): 90

Total no of staff: 252

Leverage ratio: 1:1.96

Equity partner to staff ratio: 1:5.13

Fee-earner to staff ratio: 1:0.95

Financial management: Average WIP 160 days, average debtor days 48. Partners’ capital contributions £90,000 for top of equity.

Equity structure: The firm operates a modified lockstep including fixed-share or basic salary, point-share for those with equity investment, plus a qualified bonus – for example, those partners at the top of equity may have profits of £230,000 plus a £20,000 qualified bonus.

Billable hours targets: 1,000 for assistants.

Key clients: Bank of Ireland, Brompton Estates, Exxon Mobil Corporate Group, Jarvis Porter, Merseytravel, Metropolitan Police, Crown Estates, Paramount.