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Wednesday, 23 May 2012

Taylor Vinters

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:
=127
DOWN

15
160
224
577
94
67
26
9
181

Earlier this year, Cambridge-based Taylor Vinters opened its first office in London. The City base, the success of which looks key to the firm’s ambitions over the coming years, has already added partners in employment and commercial since opening in May. Taylor Vinters is also looking to recruit partners in corporate and private client.

The firm made 14 staff redundant in 2008-09, but there were no cuts in the past financial year.

Instead the firm scaled back recruitment activity at its Cambridge headquarters and introduced a credit management system to drive down debtor days.

The firm’s financial figures remained fairly static on 2008-09’s, with turnover dropping by 1.3 per cent to £15m and net profit falling slightly, from £2.7m to £2.6m.

The firm is targeting revenue growth of £1m over the next year and also plans to expand its client base in Singapore, forming an alliance in July with local firm Keystone Law Corporation.

Closer to home, while corporate revenue dropped from 31 per cent to 27 per cent of fee income, property and litigation held up well, contributing £3.6m and £4.2m of income respectively.

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:
125
UP

15.2
155
214
507
98
71
30
9
193

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