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Turnover: £37m Profit per equity partner: £408K Earnings per partner: £291K Equity spread: £230K-£500K Net profit: £12.5m Profit margin: 34 per cent Revenue per fee-earner: £147K Revenue per lawyer: £178K Revenue per partner: £712K Revenue per equity partner: £1.21m Total number of fee-earners: 251 Total number of qualified partners: 207 Total number of partners: 52 Total number of equity partners: 31 Total number of female partners: 9 Total number of female equity partners: 4 Total number of staff: 440 Leverage ratio (equity partners/fee-earners): 1:5.8
LATERALS 2006-07: 7 (from takeover of Bishops Solicitors), corporate 1 2005-06: Employment 1, real estate 4 2004-05: Corporate 1
Intake as percentage of partnership: 22.9 New female partners as percentage of intake: 27.3 Equity structure: 31 equity partners, 17 non-equity Practice area(s) most heavily promoted: Real estate *Figures supplied relate to the calendar year
Edinburgh-based Brodies went from strength to strength in 2006-07 following its second law firm takeover. A seven-partner team joined from Bishops Solicitors in August 2006, shortly after the arrival of four partners from commercial property firm Fyfe Ireland in November 2005. The takeovers compound the firm’s focus on external recruitment, with only three internal promotions in 2006-07 and none the previous year. The extra firepower has been shared evenly between the Glasgow and Edinburgh offices, with the real estate group gaining the most.