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Turnover: £37m Profit per equity partner: £285K Earnings per partner: £208K Equity spread: £104K-£351K Net profit: £8.8m Profit margin: 24 per cent Revenue per fee-earner: £116K Revenue per lawyer: £322K Revenue per partner: £771K Revenue per equity partner: £1.19m Total number of fee-earners: 318 Total number of qualified partners: 115 Total number of partners: 48 Total number of equity partners: 31 Total number of female partners: 11 Total number of female equity partners: 4 Total number of staff: 625 Leverage ratio (equity partners/fee-earners): 1:2.7
INTERNAL PROMOTIONS 2006-07: Personal injury 1 2005-06: Real estate 1, commercial 1, property finance 1 2004-05: Employment 1
LATERALS 2006-07: Construction 1 2005-06: Commercial 1, construction 1 2004-05: Real estate 1, family 1
Intake as percentage of partnership: 4.5 New female partners as percentage of intake: 0 Equity structure: 32 equity partners, 12 non-equity Practice area(s) most heavily promoted: Property-related, commercial *Figures supplied relate to the calendar year
Hugh James has been slow and steady on the growth front, but there are opportunities available, especially for real estate-related lawyers. The Cardiff office was promoted the most heavily, with associates in the Merthyr Tydfil and Blackwood offices struggling to make partnership. The firm has not made up any dispute resolution, corporate, IT/IP or insolvency partners for some time. Construction has also been a target for lateral hires.