Biggart Baillie – UK 100

Turnover: £15.1m

Profit per equity partner: £193,000

Equity spread: £140,000-£245,000

Net profit: £5.8m

Profit margin: 38 per cent

Salaried partner remuneration: £80,000-£100,000

Revenue per lawyer: £159,000

Revenue per partner: £368,000

Revenue per equity partner: £686,000

Cost per lawyer: £98,000

Profit per lawyer: £61,000

No of partners: 41

No of equity partners: 22

No of female partners: Six

No of female equity partners: One

Total no of fee-earners (including consultants, paralegals etc): 131

Total no of fee-earners (excluding consultants, paralegals etc): 95

Total no of staff: 256

Leverage ratio: 1:2.45

Equity partner to staff ratio: 1:5.68

Fee-earner to staff ratio: 1:0.95

Financial management: Figures do not include any accounting adjustment, and at year-end WIP was valued at approximately £4m at selling price, which translates to around 90 days. Lockup target of 150 days, achieved on average throughout the year 200 (WIP 110 days, debtors 90). Average fixed capital contributions for partners £50,000.

Equity structure: Modified lockstep with seven categories of partner. Last year there were 12 partners at the top of lockstep.

Billable hours targets: Partners 1,000.

Key clients: Aberdeen Asset Managers, Kenmore Property Group, Marks & Spencer, Thus plc