Field Fisher Waterhouse


The Lawyer UK 200

  • UK 200 Position: 40


  • Position: 32
    Firm: Field Fisher Waterhouse

    Turnover: £88m
    Profit per equity partner: £750K
    Earnings per partner: £317K
    Equity spread: £300K-£1KK
    Net profit: £26m
    Profit margin: 30 per cent
    Revenue per fee-earner: £203K
    Revenue per lawyer: £250K
    Revenue per partner: £765K
    Revenue per equity partner: £2.44m
    Total number of fee-earners: 434
    Total number of qualified partners: 352
    Total number of partners: 115
    Total number of equity partners: 36
    Total number of female partners: 19
    Total number of female equity partners: 6
    Total number of staff: 766
    Leverage ratio (equity partners/fee-earners): 1:8.8



    INTERNAL PROMOTIONS
    2006-07: IP/technology 6
    2005-06: Corporate 1, personal injury 1, employment 2, public/regulatory 2, IP/technology 1
    2004-05: Technology 1

    LATERALS
    2006: IP/technology 4, corporate 2, employment 1, real estate 2
    2005: Corporate 3, IP/technology 1, personal injury 1
    2004: Commercial 2, IP/technology 2, employment 1, public/regulatory 1, real estate 2

    Intake as percentage of partnership: 16.5
    New female partners as percentage of intake: 6.7
    Firms recruited from: LeBoeuf Lamb Greene & MacRae, Lion Television, Manches, Morrison & Foerster, Olswang
    Equity structure: 68 equity partners, 23 non-equity
    Practice area(s) most heavily promoted: Technology/IP
    *Figures supplied relate to the calendar year

    Field Fisher Waterhouse returned to its focus on lateral hires in 2006-07, bringing in nine external partners compared with six internal promotions. When examined over three years, prospects for home-grown lawyers are even dimmer, with 14 internal appointments as opposed to 22 laterals. The sector to benefit most out of the latest promotions was IP and technology, scooping all six. Technology was also the focus of the firm’s lateral hires, accounting for seven in the past three years, while corporate received five and real estate four.

    • Web: www.ffw.com
    • Telephone: 0207 861 4000
    • Fax: 0207 861 4633
    • No. of Trainees: 34
    • No. of Trainee Vacancies: 20
    • Training contract application deadline: 31-Jul-08
    • Selection
      • Individual interview: Yes
      • Panel interview: Yes
      • Assessment day: No
      • Psychometric test: No
      • Written exercise: Yes
    • No. of Seats: 6
    • Opportunities Abroad: No
    • Vacation Schemes
      • No. placements: 30
      • Summer vacation scheme application deadline: 31-Jan-08
    • GDL/CPE Intake: 50%
    • GDL/CPE funding
      • Fees: Yes
      • Maintenance: £5,500
    • LPC funding
      • Fees: Yes
      • Maintenance: £6,000
    • Salary/benefits
      • Start: £33,000
      • Qualification: £60,000
      • Season ticket loan: Yes
      • Healthcare: Yes
      • Pension scheme: Yes
      • Life assurance: Yes
      • Bonus scheme: No
      • Gym membership: Yes
      • Subsidised lunch: No