Pannone & Partners


The Lawyer UK 200

  • UK 200 Position: 58



Position: 56
Firm: Pannone

Turnover: £50.8m
Profit per equity partner: £290K
Earnings per partner: £147K
Equity spread: £170K-£359K
Net profit: £13.8m
Profit margin: 27 per cent
Revenue per fee-earner: £134K
Revenue per lawyer: £230K
Revenue per partner: £462K
Revenue per equity partner: £1.24m
Total number of fee-earners: 380
Total number of qualified partners: 221
Total number of partners: 110
Total number of equity partners: 41
Total number of female partners: 46
Total number of female equity partners: 12
Total number of staff: 780
Leverage ratio (equity partners/fee-earners): 1:4.4



INTERNAL PROMOTIONS
2006-07: Personal injury 1, litigation 1, family 1, clinical negligence 1
2005-06: Litigation 1, corporate 1, clinical negligence 1, white-collar crime 1
2004-05: Litigation 1, real estate 1, corporate 1

LATERALS
2006: Construction 1, private client 1, real estate 1, litigation 2
2005: Construction 1, personal injury 1, employment 1, real estate 3, corporate 1, clinical negligence 1, banking 1, white-collar crime 1
2004: Construction 1, personal injury 3, litigation 2, employment 1

Intake as percentage of partnership: 17.6
New female partners as percentage of intake: 0
Equity structure: 43 equity partners, 8 non-equity
Practice area(s) most heavily promoted: Personal injury, litigation, family, clinical negligence
*Figures supplied relate to the calendar year

In 2006-07 Pannone made five lateral hires and promoted four to the partnership. While the litigation team saw the largest number of lateral hires, the internal promotions were spread evenly between the litigation, family, clinical negligence and personal injury groups.

Every year Pannone offers an extended range of benefits to staff. In 2006 the firm offered all staff the option to buy two extra days of holiday. The firm also introduced a diversity policy that year.

  • Web: www.panonne.com
  • Telephone: 0161 909 3000
  • Fax: 0161 909 4444
  • No. of Trainees: 35
  • No. of Trainee Vacancies: 16
  • Training contract application deadline: 31-Jul-08
  • Selection
    • Individual interview: No
    • Panel interview: Yes
    • Assessment day: No
    • Psychometric test: No
    • Written exercise: No
  • No. of Seats: 4
  • Opportunities Abroad: No
  • Vacation Schemes
    • No. placements: 90
    • Summer vacation scheme application deadline: 13-Jul-08
  • GDL/CPE Intake: 30%
  • GDL/CPE funding
    • Fees: No
    • Maintenance: No
  • LPC funding
    • Fees: Yes
    • Maintenance: No
  • Salary/benefits
    • Start: £22,000
    • Qualification: £34,000
    • Season ticket loan: No
    • Healthcare: Yes
    • Pension scheme: Yes
    • Life assurance: Yes
    • Bonus scheme: No
    • Gym membership: Yes
    • Subsidised lunch: No
    • Free taxis after hours: Yes