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: £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
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.