Eversheds – UK 100

Turnover: £296.2m

Profit per equity partner: £330,000

Equity spread: £214,000-£495,000

Net profit: £56.7m

Profit margin: 19 per cent

Salaried partner remuneration: £80,000-£150,000

Revenue per lawyer: £173,000

Revenue per partner: £884,000

Revenue per equity partner: £1,722,000

Cost per lawyer: £140,000

Profit per lawyer: £33,000

No of partners: 335

No of equity partners: 172

No of female partners: 82

No of female equity partners: 25

Total no of fee-earners(including consultants, paralegals etc): 1,942

Total no of fee-earners (excluding consultants, paralegals etc): 1,712

Total no of staff: 3,690

Leverage ratio: 1:8.01

Equity partner to staff ratio: 1:10.16

Fee-earner to staff ratio: 1:0.9

Financial management: Eversheds is fairly prudent. It borrows from time to time but is currently in credit. Partner capital contributions average £190,000-£200,000.

Equity structure: Modified lockstep. Each equity partner has a guaranteed basic of £125,000. Profits are split between the lockstep, which runs from one to six points, and a performance-based pool.

Billable hours targets: Assistants 1,500, partners 1,200.

Key clients: ABN Amro, DuPont, HSBC Holdings.