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: £37.1m Profit per equity partner: £469K Earnings per partner: £256K Equity spread: £288K-£523K Net profit: £8.9m Profit margin: 24 per cent Revenue per fee-earner: £227K Revenue per lawyer: £265K Revenue per partner: £595K Revenue per equity partner: £1.95m Total number of fee-earners: 163 Total number of qualified partners: 140 Total number of partners: 62 Total number of equity partners: 19 Total number of female partners: 14 Total number of female equity partners: 1 Total number of staff: 286 Leverage ratio (equity partners/fee-earners): 1:6.4
LATERALS 2005-06: Corporate 1 2004-05: Employment 1, private client 1 2003-04: Corporate 1 Intake as percentage of partnership 2005-06: 14
New female partners as percentage of intake 2005-06: 50 Firms recruited from:Addleshaw Goddard, Manches, Nabarro Nathanson Equity structure: 18 equity partners, 38 non-equity partners Practice area(s) most heavily promoted: Private client, family,
Corporate 2005-06 was a good year for internal promotions at Farrer & Co, particularly in family, with no fewer than three partnership appointments. Private client has appointed one partner a year for the past two years, but in 2004-05 that partner was a lateral. The biggest lateral push has been in corporate, with three out of four appointments in the past three years being external.