Turnover: £34.8m Profit per equity partner: £354K Earnings per partner: £175K Equity spread: £187K-£392K Net profit: £7.8m Profit margin: 22 per cent Revenue per fee-earner: £0K Revenue per lawyer: £187K Revenue per partner: £552K Revenue per equity partner: £1.74m Total number of fee-earners: 255 Total number of qualified partners: 186 Total number of partners: 63 Total number of equity partners: 20 Total number of female partners: 16 Total number of female equity partners: 5 Total number of staff: 510 Leverage ratio (equity partners/fee-earners): 1:8.3
LATERALS 2006-07: Construction 1, medical negligence 1 2005-06: Banking 1, property 2, corporate 1, employment 1, IP 1, property 1 2004-05: Medical negligence 1
Intake as percentage of partnership: 8.3 New female partners as percentage of intake: 40 Equity structure: 21 equity partners, 39 non-equity Practice area(s) most heavily promoted: Construction, medical negligence *Figures supplied relate to the calendar year
Nottingham-based Browne Jacobson has promoted at a steady rate of three lawyers a year to the partnership for the past three financial years and four the year before that. After a blitz of seven lateral hires in 2005-06 across a range of practice areas, the firm settled down to just two in 2006-07 in medical negligence and construction. However, of the 2005-06 hires, six of the seven were in Birmingham, not at the Nottingham headquarters.