Turnover: £74.8m Profit per equity partner: £385K Earnings per partner: £370K Equity spread: £165K-£850K Net profit: £30.3m Profit margin: 41 per cent Revenue per fee-earner: £194K Revenue per lawyer: £259K Revenue per partner: £912K Revenue per equity partner: £0.91m Total number of fee-earners: 385 Total number of qualified partners: 289 Total number of partners: 82 Total number of equity partners: 82 Total number of female partners: 19 Total number of female equity partners: 19 Total number of staff: 655 Leverage ratio (equity partners/fee-earners): 1:2.5
Intake as percentage of partnership 2005-06: 13 New female partners as percentage of intake 2005-06: 11 Firms recruited from: Hammonds, MacRoberts, Pinsent Masons, SJ Berwin, Tite & Lewis, Watson Farley & Williams Equity structure: 70 equity partners, 0 non-equity partners Practice area(s) most heavily promoted: Pensions * Figures supplied relate to the calendar year
In the past three years, Dundas & Wilson has promoted five internal candidates to the partnership and hired 13 laterals. (These figures do not include two more London partner appointments at the beginning of 2006 in construction and technology.) The laterals are spread evenly across most practice areas, with corporate offering marginally more opportunities (two lateral partners in 2004 and one in 2005). The last time Dundas & Wilson promoted a corporate partner internally was in 2003. Pensions saw a growth in 2005, with one lateral and one internal. Things have been bleaker for banking, with no internal promotion in three years and just one lateral. The firm has not appointed a litigation partner for three years, either internally or laterally.