Speechly Bircham


Position: 61
Firm: Speechly Bircham

Turnover: £47.2m
Profit per equity partner: £526K
Earnings per partner: £305K
Equity spread: £287K-£584K
Net profit: £12.1m
Profit margin: 26 per cent
Revenue per fee-earner: £235K
Revenue per lawyer: £274K
Revenue per partner: £761K
Revenue per equity partner: £2.05m
Total number of fee-earners: 201
Total number of qualified partners: 172
Total number of partners: 62
Total number of equity partners: 23
Total number of female partners: 8
Total number of female equity partners: 1
Total number of staff: 327
Leverage ratio (equity partners/fee-earners): 1:6.5



INTERNAL PROMOTIONS
2006-07: Corporate 1, property 1, private client 1, pensions 1
2005-06: Corporate 1, private client 1
2004-05: Competition 1

LATERALS
2006-07: IT 1, private client 1, litigation 1
2005-06: Corporate 1, dispute resolution 1, property 1, litigation 1
2004-05: Private client 3, property 1

Intake as percentage of partnership: 12.7
New female partners as percentage of intake: 14.3
Firms recruited from: Faegre & Benson, DLA Piper, Nabarro
Equity structure: 20 equity partners, 35 non-equity
Practice area(s) most heavily promoted: Private client
*Figures supplied relate to the calendar year

For the second year in a row Speechly Bircham has doubled its internal promotions. It made one promotion in 2004-05, two in 2005-06 and four in 2006-07.

The corporate and private client groups were the biggest winners with two appointments apiece. Three laterals into IT, private client and the litigation departments in 2006-07 represented a slight reduction from the four hires made in both 2004-05 and 2005-06.

  • Web: www.speechlys.com
  • Telephone: 020 7427 6400
  • Fax: 020 7353 4368
  • No. of Trainees: 20
  • No. of Trainee Vacancies: 10
  • 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: 20
    • Summer vacation scheme application deadline: 15-Feb-08
  • GDL/CPE Intake: 50%
  • GDL/CPE funding
    • Fees: Yes
    • Maintenance: £5,000 – £5,500
  • LPC funding
    • Fees: Yes
    • Maintenance: £5,500 – £6,000
  • Salary/benefits
    • Start: £31,000
    • Qualification: £56,000
    • Season ticket loan: Yes
    • Healthcare: Yes
    • Pension scheme: Yes
    • Life assurance: Yes
    • Bonus scheme: No
    • Gym membership: No
    • Subsidised lunch: No
    • Free taxis after hours: Yes