McGrigors


The Lawyer UK 200

  • UK 200 Position: 45
  • UK 200 Sh…



Position: 44
Firm: McGrigors

Turnover: £64.5m
Profit per equity partner: £313K
Earnings per partner: £230K
Equity spread: £175K-£500K
Net profit: £14.3m
Profit margin: 22 per cent
Revenue per fee-earner: £160K
Revenue per lawyer: £205K
Revenue per partner: £838K
Revenue per equity partner: £1.37m
Total number of fee-earners: 402
Total number of qualified partners: 315
Total number of partners: 77
Total number of equity partners: 47
Total number of female partners: 15
Total number of female equity partners: 11
Total number of staff: 676
Leverage ratio (equity partners/fee-earners): 1:5.7



INTERNAL PROMOTIONS
2006-07: Corporate 3, finance 1, property 2, commercial/IP 2
2005-06: Corporate 3, finance 1, litigation 3, IP 1, projects 1,employment 1
2004-05: Property 1, litigation 1

LATERALS
2006: Corporate 1, finance 1
2005: Corporate 1, property 1, projects 1
2004: Corporate 1, employment 1

Intake as percentage of partnership: 13
New female partners as percentage of intake: 10
Firms recruited from: Dundas & Wilson, the bar Equity structure: 52 equity, 25 non-equity
Equity structure: 52 equity, 25 non-equity
Practice area(s) most heavily promoted: Corporate
*Figures supplied relate to the calendar year

McGrigors’ corporate group continued to benefit most from internal promotions, with three new partners out of a total of eight. Overall the Scottishheadquartered firm continued to favour internals over laterals. Only two new partners, one in corporate and one in finance, came from outside last year. McGrigors’ traditional strength in IP continued to be well represented, with two internal promotions, while property also benefited from two new partners.

  • Web: www.mcgrigors.com
  • Telephone: 020 7054 2569
  • Fax:
  • No. of Trainees: 27
  • No. of Trainee Vacancies: 12-15
  • Training contract application deadline: 31-Jul-08
  • Selection
    • Individual interview: Yes
    • Panel interview: No
    • Assessment day: No
    • Psychometric test: Yes
    • Written exercise: Yes
    • Presentation: Yes
  • No. of Seats: 4
  • Opportunities Abroad: Yes
  • Vacation Schemes
    • No. placements: 15
    • Summer vacation scheme application deadline: 31-Jan-08
  • GDL/CPE Intake: Not disclosed
  • GDL/CPE funding
    • Fees: Yes
    • Maintenance: £6,000
  • LPC funding
    • Fees: Yes
    • Maintenance: £6,000
  • Salary/benefits
    • Start: £32,000
    • Qualification: £62,000
    • Season ticket loan: Yes
    • Healthcare: Yes
    • Pension scheme: Yes
    • Life assurance: Yes
    • Bonus scheme: Yes
    • Gym membership: Yes
    • Subsidised lunch: Yes
    • Free taxis after hours: Yes