The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. 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): 140
Total no of fee-earners (excluding consultants, paralegals etc): 115
Total no of staff: 254
Leverage ratio: 1:3.31
Equity partner to staff ratio: 1:4.65
Fee earner to staff ratio: 1:0.81
Financial management: The firm has reduced both its WIP and debtor days by having a "strong emphasis on getting bills out and paid before the end of the financial year". It ended the year with no borrowings. Brodies operates billing targets at each quarter and has this year increased the frequency of billing clients that had previously been billed only once or twice a year. The firm's equity contributions are a maximum of £100,000.
Equity structure: The firm operates a modified lockstep with 10 per cent merit element. Short five-step ladder means approximately 70 per cent of partners are at the top.
Billable hours targets: 1,100 partners.
Key clients: British Airports Authority, Lothian Buses, MacDonald Estates, Rolls Royce, Royal Bank of Scotland, Strategic Rail Authority.