The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Turnover: £24m Profit per equity partner: £180K Earnings per partner: £123K Equity spread: £100K-£300K Net profit: £3.2m Profit margin: 13 per cent Revenue per fee-earner: £136K Revenue per lawyer: £247K Revenue per partner: £485K Revenue per equity partner: £1.33m Total number of fee-earners: 177 Total number of qualified partners: 97 Total number of partners: 50 Total number of equity partners: 18 Total number of female partners: 15 Total number of female equity partners: 3 Total number of staff: 303 Leverage ratio (equity partners/fee-earners): 1:4.4
LATERALS 2006: Real estate 3 2005: Corporate 1, property litigation 1 2004: Real estate 1, corporate 1, employment 2, dispute resolution 1, personal injury 1
Intake as percentage of partnership:8.9 New female partners as percentage of intake: 25 Equity structure: 19 equity partners, 26 non-equity Practice area(s) most heavily promoted: Dispute resolution *Figures supplied relate to the calendar year
DMH Stallard has made 11 lateral hires in the past three years, compared with just four internal promotions. In fact, only one dispute resolution lawyer was promoted to the firm’s partnership in 2006-07, while three were recruited externally. New partners are most likely to be located in the firm’s Gatwick office, with external hires likely to join the commercial property team and internal promotions most likely in dispute resolution.