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Personal injury firm Bott & Co has grown consistently since its foundation 10 years ago. It enters the UK 200 this year with a £10.9m turnover, a 28 per cent increase on 2009-10’s.
The firm is devoted almost exclusively to personal injury (PI) work for claimants, although it also has a small conveyancing capability that contributed £162,000 to 2010-11’s bottom line.
Just 12 of Bott’s 35 fee-earners are qualified lawyers, with the remaining fee-earners comprising paralegals and legal executives. Managing partner David Bott is the only equity partner, taking home £448,000 in 2010-11.
Staff are all paid through a salary and a bonus element, which reflects the money brought into the firm rather than the amount billed. This helped Bott & Co to a very respectable lockup of 84 days last year, six days under target. Average work-in-progress was 79 days, a good result for a PI practice, while the firm recorded just five debtor days.