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.
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.