Wedlake Bell


The Lawyer UK 200

  • UK 200 Position: 94
  • UK 200…



Position: 92
Firm: Wedlake Bell

Turnover: £22.3m
Profit per equity partner: £235K
Earnings per partner: £165K
Equity spread: £190K-£280K
Net profit: £3.9m
Profit margin: 17 per cent
Revenue per fee-earner: £203K
Revenue per lawyer: £262K
Revenue per partner: £558K
Revenue per equity partner: £1.31m
Total number of fee-earners: 110
Total number of qualified partners: 85
Total number of partners: 40
Total number of equity partners: 17
Total number of female partners: 10
Total number of female equity partners: 3
Total number of staff: 190
Leverage ratio (equity partners/fee-earners): 1:4



INTERNAL PROMOTIONS
2006-07: IP 1, employment 1, real estate 1
2005-06: Corporate 1
2004-05: 0

LATERALS
2006-07: 0
2005-06: Private client 1, media 1, corporate 1
2004-05: Media 1

Intake as percentage of partnership: 7.3
New female partners as percentage of intake: 33.3
Equity structure: 20 equity partners, 21 non-equity
Practice area(s) most heavily promoted: IP, employment, real estate, corporate
*Figures supplied relate to the calendar year

West End upstart Wedlake Bell has ambitious plans to double the size of its corporate team. But that has not translated into a swathe of partnership promotions yet. One corporate lawyer was made up in 2005-06, while the firm’s other core practice, IP, also received one partnership promotion in 2006-07, along with employment and real estate.