Michelmores
UK 200 RESULTS 2010
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:
UP
18.8
125
172
459
150
109
41
7
277
For a firm that gave itself the ambitious target as recently as 2008 of trebling turnover in
five years, Michelmores’ flat 2009-10 looks like a setback.
But with its emphasis on M&A and construction, posting flat figures in last
year’s economic climate can be seen as a success.
Since 2006-07 revenue has increased by almost 40 per cent, from £13.5m to its current £18.8m. The firm is still targeting a £50m turnover by 2013.
Consequently, Michelmores is still in expansion mode, adding four partners to bring its total to 41. Of those, 13 are equity partners, although managing partner Malcolm Dickinson says the ratio of equity to salaried partners is likely to narrow in the coming years.
UK 200 RESULTS 2009
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:
UP
18.9
128
172
511
148
110
37
6
282
RELATED ARTICLES
Michelmores pays bonus to all staff after 5 per cent turnover rise
Exeter-headquartered Michelmores is to pay all lawyers and staff a bonus equivalent to 3 per cent of their individual salaries after posting a 5 per cent rise in turnover to £19.2m.
