Forsters


The Lawyer UK 200

  • UK 200 Position: 95
  • UK 200 Sh…



Position: 89
Firm: Forsters

Turnover: £23.6m
Profit per equity partner: £449K
Earnings per partner: £324K
Equity spread: £270K-£600K
Net profit: £7.5m
Profit margin: 32 per cent
Revenue per fee-earner: £207K
Revenue per lawyer: £267K
Revenue per partner: £803K
Revenue per equity partner: £1.42m
Total number of fee-earners: 114
Total number of qualified partners: 89
Total number of partners: 29
Total number of equity partners: 17
Total number of female partners: 13
Total number of female equity partners: 6
Total number of staff: 205
Leverage ratio (equity partners/fee-earners): 1:4.3



INTERNAL PROMOTIONS
2006-07: 0
2005-06: Property 3, private client 1
2004-05: 0

LATERALS
2006-07: 0
2005-06: Private client 2
2004-05: Construction 1

Intake as percentage of partnership: 0
New female partners as percentage of intake: 0
Equity structure: 15 equity partners, 19 non-equity
Practice area(s) most heavily promoted: Property
*Figures supplied relate to the calendar year

Unsurprisingly for a niche firm specialising in commercial property, that practice area is where the best opportunities have been for partnership promotions. Overall opportunities for partnership are limited, with only four promotions in the past three years, three of which were in the property team in 2005-06. The private client practice, tied closely to the firm’s property practice, is also growing, with one internal appointment and two laterals in 2005-06.

  • Web: www.forsters.co.uk
  • Telephone: 020 7863 8333
  • Fax: 020 7863 8444
  • No. of Trainees: 10
  • No. of Trainee Vacancies: 5 – 6
  • Training contract application deadline: 31-Jul-08
  • Selection
    • Individual interview: Yes
    • Panel interview: No
    • Assessment day: No
    • Psychometric test: No
    • Written exercise: No
    • Presentation: Yes
  • No. of Seats: 6
  • Opportunities Abroad: No
  • Vacation Schemes
    • No. placements: 10
    • Summer vacation scheme application deadline: 15-Mar-08
  • GDL/CPE Intake: Variable
  • GDL/CPE funding
    • Fees: Yes
    • Maintenance: £5,000
  • LPC funding
    • Fees: Yes
    • Maintenance: £5,000
  • Salary/benefits
    • Start: £30,000
    • Qualification: £51,000
    • Season ticket loan: Yes
    • Healthcare: Yes
    • Pension scheme: Yes
    • Life assurance: Yes
    • Bonus scheme: No
    • Gym membership: Yes
    • Subsidised lunch: No