Total no of fee-earners (including consultants, paralegals etc): 347
Total no of fee-earners (excluding consultants, paralegals etc): 279
Total no of staff: 721
Leverage ratio: 1:3.24
Equity partner to staff ratio: 1:7.48
Fee-earner to staff ratio: 1:1.08
Financial management: WIP last year was 55 days, with 90 debtor days at year-end. No lockup target. Practice profile by revenue is commercial litigation and insolvency 19 per cent, commercial 7 per cent, property 33 per cent, banking 6 per cent, corporate 15 per cent, private client 7 per cent, employment 8 per cent and debt recovery 4 per cent. Average fixed capital contributions £100,000.
Equity structure: Modified lockstep with five steps to full equity. 29 partners at the top of the lockstep last year.