Mills & Reeve


The Lawyer UK 200

  • UK 200 Position: 47
  • UK 20…



  • UK 200 Position: 47
  • UK 200 Share tip: BUY
  • Turnover: £56.4m
  • Profit per equity partner: £275,000
  • Earnings per partner: £245,000
  • Equity spread: £221,000-£398,000
  • Net profit: £15.7m
  • Profit margin: 28 per cent
  • Revenue per fee-earner: £145,000
  • Revenue per lawyer: £197,000
  • Revenue per partner: £723,000
  • Revenue per equity partner: £0.97m
  • Total number of fee-earners: 390
  • Total number of qualified lawyers: 287
  • Total number of partners: 78
  • Total number of equity partners: 58
  • Total number of female partners: 15
  • Total number of female equity partners: 9
  • Total number of staff: 695
  • Leverage ratio (equity partners/fee-earners): 1/3.9



INTERNAL PROMOTIONS
2006-07: Private client 1, IP 1
2005-06: Corporate 1, construction 1, real estate 1
2004-05: Employment 2, healthcare 1, insurance 1, real estate 1

LATERALS
2006-07: 0
2005-06: Corporate 3, real estate 2, family 2, healthcare 1, private client 1
2004-05: Banking 1, litigation 1, PFI 1, private client 1

Intake as percentage of partnership: 2.6
New female partners as percentage of intake: 0
Equity structure: 57 equity partners, 21 non-equity
Practice area(s) most heavily promoted: Corporate, property
*Figures supplied relate to the calendar year

Mills & Reeve is a growing firm and has been pushing its Birmingham office particularly hard in the second half of 2006-07, leading to plenty of future potential opportunities in the city. Overall the firm has made 10 internal appointments in the past three years, compared with 13 lateral hires across the full range of practice areas. But internal appointments dropped to just two, one each in private client and IP, in 2006-07.

  • Web: www.mills-reeve.com
  • Telephone: 01223 222 336
  • Fax: 01223 355 848
  • No. of Trainees: 45
  • No. of Trainee Vacancies: 22
  • ATraining contract application deadline: 31-Jul-08
  • Selection
    • Individual interview: No
    • Panel interview: No
    • Assessment day: Yes
    • Psychometric test: No
    • Written exercise: No
  • No. of Seats: 6
  • Opportunities Abroad: No
  • Vacation Schemes
    • No. placements: 30
    • Summer vacation scheme application deadline: 31-Jan-08
  • GDL/CPE Intake: 40%
  • GDL/CPE funding
    • Fees: Yes
    • Maintenance: £4,500
  • LPC funding
    • Fees: Yes
    • Maintenance: £4,500
  • Salary/benefits
    • Start: £23,000
    • Qualification: £38,000
    • Season ticket loan: No
    • Healthcare: No
    • Pension scheme: Yes
    • Life assurance: Yes
    • Bonus scheme: Yes
    • Gym membership: Yes
    • Subsidised lunch: Yes