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: £55.2m Profit per equity partner: £350K Earnings per partner: £144K Equity spread: £200K-£540K Net profit: £8.4m Profit margin: 15 per cent Revenue per fee-earner: £106K Revenue per lawyer: £174K Revenue per partner: £468K Revenue per equity partner: £2.30m Total number of fee-earners: 521 Total number of qualified partners: 317 Total number of partners: 118 Total number of equity partners: 24 Total number of female partners: 32 Total number of female equity partners: 3 Total number of staff: 897 Leverage ratio (equity partners/fee-earners): 01:12.2
Intake as percentage of partnership: 8.3 New female partners as percentage of intake: 26 Equity structure: 23 equity partners, 61 non-equity Practice area(s) most heavily promoted: Insurance, real estate, corporate *Figures supplied relate to the calendar year
DWF merged with Ricksons on 1 January 2007, accounting for 40 of the lateral hires in 2006-07. The merger boosted the firm’s insurance practice by an additional 20 partners. Insurance is also a focus for internal promotions, accounting for four of the seven promotions in 2006-07. Associates in the firm’s Manchester office are mostly likely to be offered partnership, with the office scooping four internal promotions compared with Liverpool’s three.