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): 140
Total no of fee-earners (excluding consultants, paralegals etc): 112
Total no of staff: 281
Leverage ratio: 1:3.17
Equity partner to staff ratio: 1:7.83
Fee-earner to staff ratio: 1:1.01
Financial management: Lockup figures were not available, but given Farrer's reputation for private client work it is likely to be long. Private client is the largest practice area, although family is the most profitable.
Equity structure: Modified lockstep.
Billable hours targets: 1,250
Key clients: Dame Shirley Porter, QMH, The National Gallery, UK Athletics.