DMH Solicitors – UK 100

Turnover: £15.2m

Profit per equity partner: £175,000

Equity spread: £120,000-£200,000

Net profit: £2.5m

Profit margin: 16 per cent

Salaried partner remuneration: N/A

Revenue per lawyer: £167,000

Revenue per partner: £475,000

Revenue per equity partner: £1,013,000

Cost per lawyer: £140,000

Profit per lawyer: £27,000

No of partners: 32

No of equity partners: 15

No of female partners: 12

No of female equity partners: Four

Total no of fee-earners (including consultants, paralegals etc): 133

Total no of fee-earners (excluding consultants, paralegals etc): 91

Total no of staff: 290

Leverage ratio: 1:3.93

Equity partner to staff ratio: 1:10.47

Fee-earner to staff ratio: 1:1.18

Financial management: Average WIP 65 days at selling price, average debtor days 70. Average fixed-capital contribution for an equity partner £53,000.

Equity structure: Modified lockstep.

Billable hours targets: 1,350 for partners.

Key clients: Beaver Housing Society, Guinness Trust, London Oratory School, Baker Tilly, Fender Europe, National Grid Lattice, Lloyds TSB, Thistle Hotels.