Bristows – UK 100

Turnover: £19.5m

Profit per equity partner: £241,000

Equity spread: £109,000-£313,000

Net profit: £6.2m

Profit margin: 32 per cent

Salaried partner remuneration: N/A

Revenue per lawyer: £331,000

Revenue per partner: £672,000

Revenue per equity partner: £759,000

Cost per lawyer: £225,000

Profit per lawyer: £105,000

No of partners: 29

No of equity partners: 26

No of female partners: Seven

No of female equity partners: Seven

Total no of fee-earners (including consultants, paralegals etc: 86

Total no of fee-earners (excluding consultants, paralegals etc): 59

Total no of staff: 197

Leverage ratio: 1:1.17

Equity partner to staff ratio: 1:4.32

Fee-earner to staff ratio: 1:1.29

Financial management: The firm’s core business is monthly billed IP litigation, meaning debt levels are low.

Equity structure: Lockstep.

Billable hours targets: None

Key clients: Bayer, Halliburton, Novartis, Phillips.