The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. 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): 375
Total no of fee-earners (excluding consultants, paralegals etc): 239
Total no of staff: 739
Leverage ratio: 1:3.46
Equity partner to staff ratio: 1:3.27
Fee-earner to staff ratio: 1:0.97
Financial management: WIP at year end 149 days, with 69 debtor days.
Equity structure: Modified lockstep with partners moving up one step each year based on performance. A formal three-year review by a committee chaired by managing partner David Wareing can move partners up or down the lockstep or maintain their position. Plateau is at eight years, but there is also a super plateau for senior partners. There are currently seven partners at the top of lockstep.
Billable hours targets: 1,400 assistants and partners.
Key clients: Barclays, KwikSave, Liverpool City Council, Mersey Docks, NCP, Royal Bank of Scotland, Royal Liver Assurance, Somerfield, United Utilities.