Turnover: £27.1m Profit per equity partner: £618K Earnings per partner: £336K Equity spread: £277K-£976K Net profit: £8.7m Profit margin: 32 per cent Revenue per fee-earner: £291K Revenue per lawyer: £352K Revenue per partner: £695K Revenue per equity partner: £1.94m Total number of fee-earners: 93 Total number of qualified partners: 77 Total number of partners: 39 Total number of equity partners: 14 Total number of female partners: 11 Total number of female equity partners: 1 Total number of staff: 195 Leverage ratio (equity partners/fee-earners): 1:4.5
Intake as percentage of partnership: 10 New female partners as percentage of intake: 25 Equity structure: 32 equity partners, 8 non-equity Practice area(s) most heavily promoted: Corporate, property *Figures supplied relate to the calendar year
Fladgate Fielder continued its strategy of expanding its partnership primarily via lateral hires during 2006-07, with three laterals compared with one promotion. The firm’s increased focus on corporate over the past few years is reflected in its new partners for calendar year 2006. The sole partner promotion was into corporate, while two of its three laterals were also into that practice group. Property, however, remains the bedrock of Fladgate’s practice, despite the loss of two property partners last year including Adrian Leavey, who joined Trowers & Hamlins last July.