DLA – UK 100

Turnover: £275.4m

Profit per equity partner: £475,000

Equity spread: £97,500-£260,000

Net profit: £54.6m

Profit margin: 20 per cent

Salaried partner remuneration: £80,000-£300,000

Revenue per lawyer: £227,000

Revenue per partner: £736,000

Revenue per equity partner: £2,437,000

Cost per lawyer: £182,000

Profit per lawyer: £45,000

No of partners: 374

No of equity partners: 113

No of female partners: 64

No of female equity partners: 11

Total no of fee-earners(including consultants, paralegals etc): 1,904

Total no of fee-earners(excluding consultants, paralegals etc): 1,212

Total no of staff: 3,529

Leverage ratio: 1:7.42

Equity partner to staff ratio: 1:14.38

Fee-earner to staff ratio: 1:0.85

Financial management: Average lockup 165 days. Average fixed capital contribution for an equity partner £300,000.

Equity structure: Merit-based remuneration system. Recommendations are made by the executive (Nigel Knowles and Andrew Darwin) to a committee, which then consults among the partnership and makes an award. One partner (Knowles) at the top of equity last year. The next partner is £100,000 less and the next £50,000 less.

Billable hours targets: 1,300

Key clients: Barclays, HBOS, National Health Service (the firm’s largest client last year), Royal Bank of Scotland.