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): 201
Total no of fee-earners (excluding consultants, paralegals etc): 137
Total no of staff: 446
Leverage ratio: 1:2.7
Equity partner to staff ratio: 1:8.17
Fee-earner to staff ratio: 1:1.22
Financial management: Six months lockup (WIP 120 days, debtor days 75-80). Practice profile by revenue is corporate at 27 per cent, litigation at 26 per cent, property at 36 per cent.
Equity structure: Meritocratic profit-sharing system. Five-year performance rating. Firm is headed by a non-lawyer chairman and chief executive with a senior management board of 11 elected partners and an executive board of the chairman, CEO and four appointed partners.