Withers


The Lawyer UK 200

  • UK 200 Position: 34
  • UK 200 Shar…



Position: 31
Firm: Withers

Turnover: £88.8m
Profit per equity partner: £357K
Earnings per partner: £262K
Equity spread: £200K-£600K
Net profit: £19m
Profit margin: 21 per cent
Revenue per fee-earner: £249K
Revenue per lawyer: £329K
Revenue per partner: £822K
Revenue per equity partner: £1.68m
Total number of fee-earners: 356
Total number of qualified partners: 270
Total number of partners: 108
Total number of equity partners: 53
Total number of female partners: 30
Total number of female equity partners: 15
Total number of staff: 681
Leverage ratio (equity partners/fee-earners): 1:4.1

INTERNAL PROMOTIONS
2006-07: Private client 4, litigation 2
2005-06: Private client 5, real estate 1, commercial 1
2004-05: Private client 3, litigation 1

LATERALS
2006: Litigation 1, private client 2, real estate 1
2005: Litigation 1, private client 3
2004: IP 1, private client 3

Intake as percentage of partnership: 10.5
New female partners as percentage of intake: 20
Firms recruited from:Bryan Cave, Eversheds, LeBoeuf Lamb Greene & MacRae
Equity structure: 51 equity partners, 44 non-equity
Practice area(s) most heavily promoted: Wealth planning, litigation

*Figures supplied relate to the calendar year

Withers’ most promising department for promotions is its private client group. In three years 12 out of the firm’s 17 internal appointments were in wealth planning and the sector saw eight lateral hires. Litigation has also fared well with three promotions in three years. Withers has made four laterals in each of the last three years, while promotions have varied between four and seven.

  • Web:

    www.withersrecruitment.com
  • Telephone: 020 7597 6244
  • Fax: 020 7329 2534
  • No. of Trainees: 32
  • No. of Trainee Vacancies: 18
  • Training contract application deadline: 31-Jul-08
  • Selection
    • Individual interview: Yes
    • Panel interview: No
    • Assessment day: No
    • Psychometric test: No
    • Written exercise: Yes
    • Presentation: Yes
  • No. of Seats: 4
  • Opportunities Abroad: Yes
  • Vacation Schemes
    • No. placements: 30
    • Summer vacation scheme application deadline: 31-Jan-08
  • GDL/CPE Intake: 50%
  • GDL/CPE funding
    • Fees: Yes
    • Maintenance: £5,000
  • LPC funding
    • Fees: Yes
    • Maintenance: £5,000
  • Salary/benefits
    • Start: £31,000
    • Qualification: £55,000
    • Season ticket loan: Yes
    • Healthcare: Yes
    • Pension scheme: Yes
    • Life assurance: Yes
    • Bonus scheme: Yes
    • Gym membership: Yes
    • Subsidised lunch: Yes
    • Free taxis after hours: Yes