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Wednesday, 23 May 2012

Stevens & Bolton

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:
123
DOWN

15.2
150
177
422
101
86
36
11
155

Guildford-based Stevens & Bolton says its 2009-10 revenue would have been significantly higher had billings from a major fraud matter that featured a 100 per cent uplift come through. Instead the fees were booked at the start of the current year, getting 2010-11 off to a flyer.

That said, the firm’s £15.2m revenue was only marginally down on 2008-09’s £15.7m.

The firm’s move to new offices this year does not appear to have significantly dented the average profit per equity partner figure, which stood at £275,000.

The well-hedged firm, which features 21 per cent property, 24 per cent corporate and 26 per cent litigation, is also extremely tightly run financially. The lockup target at the firm is just 110 days, but at the year-end total lockup stood at 93 days.

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:
122
DOWN

15.7
167
194
523
94
81
30
8
153

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