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): 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.