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17 January 2005
17 January 2005
Profit per equity partner: £265,000
Equity spread: £180,000-£300,000
Net profit: £5.04m
Profit margin: 17 per cent
Salaried partner remuneration: £75,000
Revenue per lawyer: £146,000
Revenue per partner: £523,000
Revenue per equity partner: £1,542,000
Cost per lawyer: £121,000
Profit per lawyer: £25,000
No of partners: 56
No of equity partners: 19
No of female partners: Eight
No of female equity partners: Three
Total no of fee-earners (including consultants, paralegals, etc): 365
Total no of fee-earners (excluding consultants, paralegals, etc): 201
Total no of staff: 650
Leverage ratio: 1:7.63
Equity partner to staff ratio: 1:15
Fee-earner to staff ratio: 1:0.78
Financial management: N/A
Equity structure: Merit-based remuneration.
Billable hours targets: 1,350 for partners and assistants.
Key clients: Bank of Scotland, Burtons Foods, Carpetright, Interlink Foods, Liverpool John Moores University, Monstermob, Persimmon Homes, Royal & Sun Alliance, St Modwen Group.
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