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14 January 2005
14 January 2005
17 January 2005
Profit per equity partner: £286,000
Equity spread: £161,000-£322,000
Net profit: £13.1m
Profit margin: 27 per cent
Salaried partner remuneration: None
Revenue per lawyer: £281,000
Revenue per partner: £576,000
Revenue per equity partner: £1,052,000
Cost per lawyer: £205,000
Profit per lawyer: £76,000
No of partners: 84
No of equity partners: 46
No of female partners: Eight
No of female equity partners: None
Total no of fee-earners (including consultants, paralegals etc): 207
Total no of fee-earners (excluding consultants, paralegals etc): 172
Total no of staff: 445
Leverage ratio: 1:1.91
Equity partner to staff ratio: 1:5.17
Fee-earner to staff ratio: 1:1.15
Financial management: Practice profile by revenue is litigation 80 per cent, finance 12, corporate and employment 5 and property 3.
Equity structure: Modified lockstep
Billable hours targets: None
Key clients: BA, Grant Thornton, KPMG, Bumi Resources.
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