82
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.