Maxwell Winward

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:

=166
DOWN

9.8
185
218
490
53
45
20
3
80

Three years after the merger between Maxwell Batley and Winward Fearon, Maxwell Winward has hit its first rocky patch. The year to 31 March 2010 saw a 15 per cent drop in turnover for the built environment boutique, with the £9.8m brought in marking the first time it has dipped under the £10m mark since the 2007 tie-up.

Much of the shortfall can be accounted for by the continuing struggles of the real estate market. Turnover, which accounts for a quarter of total income, was down by around 30 per cent over the past 18 months. The loss of a construction partner also affected the bottom line at the 20-partner firm. However, net profit and average profit per equity partner both stayed flat, with the bottom line performance boosted by the firm’s strong hand in PFI and corporate work for private clients.

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:

149
UP

11.6
190
258
552
61
45
21
4
95