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.
Total no of fee-earners (including consultants, paralegals etc): 164
Total no of fee-earners (excluding consultants, paralegals etc): 122
Total no of staff: 347
Leverage ratio: 1:3.13
Equity partner to staff ratio: 1.7.63
Fee-earner to staff ratio: 1:1.12
Financial management: Lockup target is 150 days, achieved 166 (average WIP 103, average debtor days 63). Practice profile by revenue is corporate 22 per cent, commercial 13, litigation 23, property 24, employment 7, others 11. The average fixed capital contribution for an equity partner is £150,000. The firm has not made any adjustment in the figures for FRS5.
Equity structure: Modified lockstep with 10 steps. There were nine partners at the top of equity last year.