Profit per equity partner: £521,000
Equity spread: £273,000-£681,000
Net profit: £67.7m
Profit margin: 34 per cent
Salaried partner remuneration: £130,000-£210,000
Revenue per lawyer: £318,000
Revenue per partner: £1,288,000
Revenue per equity partner: £1,515,000
Cost per lawyer: £209,000
Profit per lawyer: £109,000
No of partners: 153
No of equity partners: 130
No of female partners: 25
No of female equity partners: Five
Total no of fee-earners(including consultants, paralegals etc): 757
Total no of fee-earners(excluding consultants, paralegals etc): 619
Total no of staff: 1,590
Leverage ratio: 1:3.58
Equity partner to staff ratio: 1:6.41
Fee-earner to staff ratio: 1: 1.10
Financial management: Highly conservative, with no borrowing and lockup under 100 days.
Equity structure: Pure lockstep but with a gateway system. Ten-year lockstep with two gateways through which partners can move if they clear performance-related hurdles. They can also be moved back down should they become less productive.
Billable hours targets: Vary by jurisdiction for partners; in London it is 1,600. No targets for assistants.
Key clients: Bain Capital, Barclays Capital, Imperial Tobacco, Virgin.