The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... 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: £87m Profit per equity partner: £400K Earnings per partner: £250K Equity spread: £150K-£500K Net profit: £20m Profit margin: 23 per cent Revenue per fee-earner: £146K Revenue per lawyer: £219K Revenue per partner: £565K Revenue per equity partner: £1.98m Total number of fee-earners: 595 Total number of qualified partners: 397 Total number of partners: 154 Total number of equity partners: 44 Total number of female partners: 37 Total number of female equity partners: 6 Total number of staff: 1,190 Leverage ratio (equity partners/fee-earners): 1:8
Intake as percentage of partnership: 13 New female partners as percentage of intake: 100 Firms recruited from: Boodle Hatfield, DLA Piper, Elborne Mitchell, Eversheds, James Chapman & Co, Nabarro, Taylor Wessing Equity structure: 45 equity partners, 109 non-equity Practice area(s) most heavily promoted: Insurance litigation In the past two years *Figures supplied relate to the calendar year
Halliwells has promoted 38 to the partnership, reflecting the North West firm’s rapid expansion drive. In 2006-07 the firm made up 18 partners, compared with two laterals, with seven of those promotions taking place in Manchester and six in London. These were concentrated within the banking, corporate/tax and litigation groups. In contrast, the previous year the firm made almost double the number of laterals as promotions, although the bulk of the 41 lateral hires came from the 29 insurance partners who joined the firm from James Chapman & Co.