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Wednesday, 23 May 2012

Watson Burton

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:
111
DOWN

18.5
154
257
638
120
72
29
3
230

Newcastle-based Watson Burton appears to have overstretched itself in recent years. Six years ago the firm began looking beyond its North East roots, opening offices in Leeds in 2004 and in the iconic Gherkin tower in London two years later.

Since 2006-07, however, the firm’s turnover has fallen from £22.7m to an estimated £18.5m in 2009-10.

Last year the firm’s partner numbers also dropped, by 34 per cent, to 29.

That number is reflective of the series of departures Watson Burton has seen since the beginning of the year, including those of senior partner Rob Langley, insolvency head Andrew Cawkwell and wealth management chief Keith Hately.

The firm has replaced Langley with former corporate head Gillian Hall, who admits that the past year has been difficult for the firm. Hall has vowed to turn things around, but on current form that will not prove easy.

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:
104
DOWN

20.5
159
266
466
129
77
44
8
267

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13 February 2012

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