Stephenson Harwood


The Lawyer UK 200

  • UK 200 Position: 36


  • Position: 34
    Firm: Stephenson Harwood

    Turnover: £85.3m
    Profit per equity partner: £620K
    Earnings per partner: £400K
    Equity spread: £300K-£900K
    Net profit: £26.6m
    Profit margin: 31 per cent
    Revenue per fee-earner: £264K
    Revenue per lawyer: £340K
    Revenue per partner: £1,015K
    Revenue per equity partner: £1.98m
    Total number of fee-earners: 323
    Total number of qualified partners: 251
    Total number of partners: 84
    Total number of equity partners: 43
    Total number of female partners: 13
    Total number of female equity partners: 3
    Total number of staff: 573
    Leverage ratio (equity partners/fee-earners): 1:4.8



    INTERNAL PROMOTIONS
    2006-07: 0
    2005-06: Corporate 1, finance 1, employment 1
    2004-05: 0

    LATERALS
    2006-07: Corporate 2, finance 1, real estate 3, litigation 1
    2005-06: Corporate 2, finance 3, employment 1, litigation 2
    2004-05: Corporate 2, finance 1

    Intake as percentage of partnership: 8.4
    New female partners as percentage of intake: 0
    Firms recruited from: Lovells, Tarlow Lyons
    Equity structure: 41 equity partners, 42 non-equity
    Practice area(s) most heavily promoted: Corporate
    *Figures supplied relate to the calendar year

    Stephenson Harwood has said goodbye to 18 partners in the last three financial years, while appointing 19 in the last two to plug the gap. Of those, just three were internal promotions compared with 15 lateral hires. The partnership has been in flux since a period of restructuring that followed the firm’s 2002 merger with Sinclair Roche & Temperley. But Stephensons is now focusing on building up its corporate and finance teams, increasing future possibilities for lawyers who practise in those areas.

    • Web: www.shlegal.com
    • Telephone: 020 7809 2812
    • Fax: 020 7003 8575
    • No. of Trainees: 34
    • No. of Trainee Vacancies: 12
    • Training contract application deadline: 31-Jul-08
    • Selection
      • Individual interview: No
      • Panel interview: No
      • Assessment day: Yes
      • Psychometric test: Yes
      • Written exercise: Yes
    • No. of Seats: 4
    • Opportunities Abroad: Yes
    • Vacation Schemes
      • No. placements: 24
      • Summer vacation scheme application deadline: 17-Feb-08
    • GDL/CPE Intake: 50%
    • GDL/CPE funding
      • Fees: Yes
      • Maintenance: £6,000
    • LPC funding
      • Fees: Yes
      • Maintenance: £6,000
    • Salary/benefits
      • Start: £35,000
      • Qualification: £63,500
      • Season ticket loan: Yes
      • Healthcare: No
      • Pension scheme: Yes
      • Life assurance: Yes
      • Bonus scheme: No
      • Gym membership: Yes
      • Subsidised lunch: No
      • Free taxis after hours: Yes