Position: 33
Firm: Halliwells

Turnover: £87m
Profit per equity partner: £400K
Earnings per partner: £250K
Equity spread: £150K-£500K
Net profit: £20m
Profit margin: 23 per cent
Revenue per fee-earner: £146K
Revenue per lawyer: £219K
Revenue per partner: £565K
Revenue per equity partner: £1.98m
Total number of fee-earners: 595
Total number of qualified partners: 397
Total number of partners: 154
Total number of equity partners: 44
Total number of female partners: 37
Total number of female equity partners: 6
Total number of staff: 1,190
Leverage ratio (equity partners/fee-earners): 1:8

<BR

INTERNAL PROMOTIONS
2006-07: Litigation 3, banking 3, corporate/tax 3, employment 1, litigation 4, real estate 1, brewery 1, pensions 1, insolvency 1
2005-06: Employment 2, insurance litigation 2, commercial litigation 7, property 3, property litigation 1, corporate 4, planning 1
2004-05: Brewery 1, litigation 1, insurance 8, IP 1

LATERALS
2006-07: Real estate 1, IP 1
2005-06: Insurance 29, banking 3, litigation 3, tax 1, construction 1, corporate recovery 1, corporate 2, pensions 1
2004-05: Corporate 3, litigation 1, insurance 2, insolvency 2

Intake as percentage of partnership: 13
New female partners as percentage of intake: 100
Firms recruited from: Boodle Hatfield, DLA Piper, Elborne Mitchell, Eversheds, James Chapman & Co, Nabarro, Taylor Wessing
Equity structure: 45 equity partners, 109 non-equity
Practice area(s) most heavily promoted: Insurance litigation In the past two years
*Figures supplied relate to the calendar year

Halliwells has promoted 38 to the partnership, reflecting the North West firm’s rapid expansion drive. In 2006-07 the firm made up 18 partners, compared with two laterals, with seven of those promotions taking place in Manchester and six in London. These were concentrated within the banking, corporate/tax and litigation groups.
In contrast, the previous year the firm made almost double the number of laterals as promotions, although the bulk of the 41 lateral hires came from the 29 insurance partners who joined the firm from James Chapman & Co.