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Wednesday, 23 May 2012

Lester Aldridge

UK 200 RESULTS 2010

Position:
Movement since 2009

Turnover (£M):
Revenue per fee-earner (£K):
Revenue per lawyer (£K):
Revenue per partner (£K):
Total number of fee-earners:
Total number of qualified lawyers:
Total number of partners:
Total number of female partners:
Total number of staff:
129
DOWN

14.3
121
177
376
118
81
38
10
235

Bournemouth-based Lester Aldridge has seen its turnover decline steadily since 2006-07, dropping by 15.8 per cent to £14.3m. In the 2009-10 financial year alone it fell by £2.3m. The firm did, however, post an increase in profit, from £2.58m to £4.05m last year, while average profit per equity partner rose by 9.6 per cent to £148,000.

Lester Aldridge, which also has offices in London and Southampton, has seen a steady rise in litigation work, particularly banking and property matters. Litigation is now the firm’s biggest earner, accounting for 32 per cent of revenue.

In recent years the firm has increasingly advised banks on distressed property matters, while private client remain a key area. Its work with high-net-worth individuals accounted for 31 per cent of turnover in 2009-10.

UK 200 RESULTS 2009

Position:
Movement since 2008

Turnover (£M):
Revenue per fee-earner (£K):
Revenue per lawyer (£K):
Revenue per partner (£K):
Total number of fee-earners:
Total number of qualified lawyers:
Total number of partners:
Total number of female partners:
Total number of staff:
119
DOWN

16.7
167
194
428
100
86
39
11
254
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