Howes Percival


The Lawyer UK 200

  • UK 200 Position: 99
  • UK 2…



Position: 95
Firm: Howes Percival

Turnover: £21.9m
Profit per equity partner: £429K
Earnings per partner: £271K
Equity spread: £125K-£500K
Net profit: £7.3m
Profit margin: 33 per cent
Revenue per fee-earner: £121K
Revenue per lawyer: £177K
Revenue per partner: £626K
Revenue per equity partner: £1.29m
Total number of fee-earners: 181
Total number of qualified partners: 124
Total number of partners: 35
Total number of equity partners: 17
Total number of female partners: 4
Total number of female equity partners: 1
Total number of staff: 345
Leverage ratio (equity partners/fee-earners): 1:6.3



INTERNAL PROMOTIONS
2006-07: Real estate 1
2005-06: 0
2004-05: Real estate 1, litigation 3, employment 1

LATERALS
2006-07: Corporate 1, real estate 1
2005-06: 0
2004-05: 0

Intake as percentage of partnership: 9.1
New female partners as percentage of intake: 0
Equity structure: 24 equity partners, 9 non-equity
Practice area(s) most heavily promoted: Litigation, real estate
*Figures supplied relate to the calendar year

After a fallow 2005-06, which saw not a single new face join Howes Percival’s partnership, 2006-07 has seen the firm appoint three partners into the corporate and real estate groups. Two of those were laterals in Milton Keynes and Leicester, but the firm also made one internal appointment in the Norwich real estate team. This follows five internal appointments in 2004-05, when the litigation team was the big winner with three new partners.

  • Web: www.howespercival.com
  • Telephone: 01604 230400
  • Fax: 01604 620956
  • No. of Trainees: 22
  • No. of Trainee Vacancies: 10
  • Training contract application deadline: 31-Jul-08
  • Selection
    • Individual interview: No
    • Panel interview: No
    • Assessment day: Yes
    • Psychometric test: No
    • Written exercise: No
  • No. of Seats: 4
  • Opportunities Abroad: No
  • Vacation Schemes
    • No. placements: 40
    • Summer vacation scheme application deadline: 30-Apr-08
  • GDL/CPE Intake: Not disclosed
  • GDL/CPE funding
    • Fees: Yes
    • Maintenance: No
  • LPC funding
    • Fees: Yes
    • Maintenance: £4,500
  • Salary/benefits
    • Start: £23,500
    • Qualification: £39,000
    • Season ticket loan: No
    • Healthcare: Yes
    • Pension scheme: Yes
    • Life assurance: No
    • Bonus scheme: No
    • Gym membership: No
    • Subsidised lunch: No