Wed, 22 May 2013
Exploit the power of digital with The Lawyer Acumen
The Lawyer Acumen is a comprehensive online resource giving everyone in the legal market real-time business intelligence on the sector.
14 January 2005
14 January 2005
17 January 2005
Profit per equity partner: £675,000
Equity spread: £256,000-£853,000
Net profit: £350m
Profit margin: 45 per cent
Freshfields Bruckhaus Deringer
Salaried partner remuneration: None
Revenue per lawyer: £353,000
Revenue per partner: £1,521,000
Revenue per equity partner: £1,521,000
Cost per lawyer: £196,000
Profit per lawyer: £157,000
No of partners: 516
No of equity partners: 516
No of female partners: 57
No of female equity partners: 57
Total no of fee-earners (including consultants, paralegals etc): 2,852
Total no of fee-earners (excluding consultants, paralegals etc): 2,225
Total no of staff: 5,540
Leverage ratio: 1:3.31
Equity partner to staff ratio: 1:5.21
Fee-earner to staff ratio: 1:0.94
Financial management: Average lock-up is 22.5 weeks. Zero firm borrowings, although partners generally borrow for capital contributions.
Equity structure: All-equity partnership. Twelve-year lockstep between 15 and 50 points.
Billable hours targets: None
Key clients: BNP Paribas, Deutsche Bank, Philip Green, Goldman Sachs, Kingfisher, Scottish & Newcastle.
Subscribe to The Lawyer today and get all the latest news stories, both domestic and global, and analysis of the legal sector.
A subscription includes:
The latest legal news, opinion, analysis, jobs and events. Wherever you are, whenever you need it.
Let us help you with an integrated approach to mobile and online advertising.
Site powered by Webvision