Profit per equity partner: £146,000
Equity spread: £100,000-£190,000
Net profit: £4.4m
Profit margin: 20 per cent
Salaried partner remuneration: £50,000-£105,000
Revenue per lawyer: £158,000
Revenue per partner: £386,000
Revenue per equity partner: £720,000
Cost per lawyer: £126,000
Profit per lawyer: £32,000
No of partners: 56
No of equity partners: 30
No of female partners: 11
No of female equity partners: Three
Total no of fee-earners (including consultants, paralegals etc): 201
Total no of fee-earners (excluding consultants, paralegals etc): 137
Total no of staff: 446
Leverage ratio: 1:2.7
Equity partner to staff ratio: 1:8.17
Fee-earner to staff ratio: 1:1.22
Financial management: Six months lockup (WIP 120 days, debtor days 75-80). Practice profile by revenue is corporate at 27 per cent, litigation at 26 per cent, property at 36 per cent.
Equity structure: Meritocratic profit-sharing system. Five-year performance rating. Firm is headed by a non-lawyer chairman and chief executive with a senior management board of 11 elected partners and an executive board of the chairman, CEO and four appointed partners.
Billable hours targets: 1,200-1,390 associates, 1,200 partners.
Key clients: Polestar, Experion, Bellway, Nottinghamshire County Council, Barratt Homes, Mansell Construction.