The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... 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.
Turnover: £21.8m Profit per equity partner: £293K Earnings per partner: £238K Equity spread: £166K-£330K Net profit: £8.2m Profit margin: 38 per cent Revenue per fee-earner: £154K Revenue per lawyer: £185K Revenue per partner: £545K Revenue per equity partner: £0.78m Total number of fee-earners: 142 Total number of qualified partners: 118 Total number of partners: 40 Total number of equity partners: 28 Total number of female partners: 4 Total number of female equity partners: 3 Total number of staff: 254 Leverage ratio (equity partners/fee-earners): 1:3.2
Intake as percentage of partnership: 5.3 New female partners as percentage of intake: 0 Equity structure: 26 equity partners, 12 non-equity Practice area(s) most heavily promoted: Dispute resolution, property *Figures supplied relate to the calendar year
Edinburgh-based Burness has had a quiet couple of years on the recruitment and appointment front, with just a single promotion and lateral hire in 2006-07. This compares with 2004-05, when it appointed six new lawyers to its partnership, including one external hire. There is potential for promotion in all of the firm’s practice areas, although the biggest winner has been the property team, which has had three internal promotions and two laterals in the past three years.