The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... 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: £70.7m Profit per equity partner: £390K Earnings per partner: £262K Equity spread: £222K-£435K Net profit: £17.2m Profit margin: 24 per cent Revenue per fee-earner: £208K Revenue per lawyer: £265K Revenue per partner: £786K Revenue per equity partner: £1.61m Total number of fee-earners: 340 Total number of qualified partners: 267 Total number of partners: 90 Total number of equity partners: 44 Total number of female partners: 25 Total number of female equity partners: 6 Total number of staff: 584 Leverage ratio (equity partners/fee-earners): 1:5.1
Intake as percentage of partnership: 7.5 New female partners as percentage of intake: 57.1 Firms recruited from: Equity structure: 58 equity partners, 35 non-equity Practice area(s) most heavily promoted: Corporate/commercial, employment/pensions *Figures supplied relate to the calendar year
For a firm with a long history of private client work, it is notable that Charles Russell has not made up any candidates in the practice in the past four years. In 2004-05 it took a team from Stephenson Harwood in that area, but has made little advancement since. Instead the focus turned to corporate/commercial, where it promoted eight in the past three years, and employment/pensions, where four have been made up over the same period. Female associates also fared well, scooping three of the five promotions in 2006-07.