Total no of fee-earners (including consultants, paralegals etc): 169
Total no of fee-earners (excluding consultants, paralegals, etc): 148
Total no of staff: 315
Leverage ratio: 1:4.09
Equity partner to staff ratio: 1:6.35
Fee-earner to staff ratio: 1:0.86
Financial management: Lockup target 120 days, achieved 155 (WIP 70 days and debtor days 85 at year-end). Average capital contributions £140,000.
Equity structure: DAC operates a modified lockstep of 2:1, with an annual performance review enabling movement both up and down. It normally takes six years to reach the top of equity and there are currently four plateau partners.