Fri, 13 Dec 2013
Addleshaw Goddard: InVest — November 2013: banking
Nabarro: Financial sector update — November 2013
Wragge & Co: Private equity update — third edition, 2013
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.
17 January 2005
21 October 2013
28 November 2013
24 July 2013
11 March 2013
1 March 2013
Profit per equity partner: £153,000
Equity spread: £102,000-£174,000
Net profit: £6.4m
Profit margin: 21 per cent
Salaried partner remuneration: £120,000
Revenue per lawyer: £143,000
Revenue per partner: £407,000
Revenue per equity partner: £643,000
Cost per lawyer: £113,000
Profit per lawyer: £30,000
No of partners: 75
No of equity partners: 47
No of female partners: 19
No of female equity partners: Eight
Total no of fee-earners (including consultants, paralegals etc): 258
Total no of fee-earners (excluding consultants, paralegals etc): 214
Total no of staff: 542
Leverage ratio: 1:4.59
Equity partner to staff ratio: 1:5.99
Fee-earner to staff ratio: 1:1.10
Financial management: WIP - £8.7m gross, 37 debtor days.
Equity structure: Lockstep. Five years to reach top.
Billable hours targets: None
Key clients: Alcatel, Cap Gemini, De La Rue, First Choice, Hamworthy, Kelly Group, South West Trains, VT Group, Whithead.
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