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: £24.5m Profit per equity partner: £285K Earnings per partner: £184K Equity spread: £157K-£295K Net profit: £7.1m Profit margin: 29 per cent Revenue per fee-earner: £142K Revenue per lawyer: £169K Revenue per partner: £500K Revenue per equity partner: £0.98m Total number of fee-earners: 173 Total number of qualified partners: 145 Total number of partners: 49 Total number of equity partners: 25 Total number of female partners: 12 Total number of female equity partners: 2 Total number of staff: 308 Leverage ratio (equity partners/fee-earners): 1:4.8
Intake as percentage of partnership: 1.9 New female partners as percentage of intake: 0 Equity structure: 27 equity, 27 non-equity Practice area(s) most heavily promoted: Corporate, insolvency, real estate *Figures supplied relate to the calendar year
Geldards rarely makes a lateral partner hire, preferring to grow the partnership organically, albeit at a slow pace. Despite this strategy, the firm actively recruits at associate level. In 2006-07 Geldards boosted its commercial property team in Nottingham with the hire of six solicitors from Eversheds, Freeth Cartwright and Wragge & Co.