Profit per equity partner: £819,000
Equity spread: £465,000-£930,000
Net profit: £85.6m
Profit margin: 35 per cent
Salaried partner remuneration: £150,000-£350,000
Revenue per lawyer: £433,000
Revenue per partner: £1,922,000
Revenue per equity partner: £2,255,000
Cost per lawyer: £283,000
Profit per lawyer: £149,000
No of partners: 129
No of equity partners: 110
No of female partners: 19
No of female equity partners: 17
Total no of fee-earners(including consultants, paralegals etc): 751
Total no of fee-earners(excluding consultants, paralegals etc): 573
Total no of staff: 1,364
Leverage ratio: 1:4.04
Equity partner to staff ratio: 1:5.57
Fee-earner to staff ratio: 1:0.82
Financial management: Borrowings policy is 1:1 debt to equity.
Equity structure: Pure lockstep, aside from 19 overseas partners who are salaried with some equity points on top. There is no automatic progression from salaried to equity status. Ten-year lockstep with 2:1 equity spread, with 67 out of 110 partners at the top of lockstep.
Billable hours targets: None.
Key clients: Abbey National, British Airways, Corus, GlaxoSmithKline, Marks & Spencer, Standard Chartered Bank, Uniliver.