Hale and Dorr – UK 100

UK/global turnover: £7.3m/£198m

UK/global PEP: £140,000/£494,000

UK/global revenue per lawyer: £228,000/£389,000

UK revenue per partner/equity partner: £600,000/£600,000

Global revenue per equity partner: £1.4m

UK/global number of partners: 13/141

UK/global number of lawyers: 32/509

UK number of staff: 75

UK/global leverage ratio: 1:1.4/1:2.6

UK equity partner to staff ratio: 1:5.7

Equity structure: Merit based.

Billable hours targets: None set.

Billing currency: Sterling.

Cost of living details: No US lawyers on secondment. The firm used to have an allowance in place for all US associates but four years ago they elected to be paid in sterling.

UK-based lawyer remuneration: Partners are paid in dollars. The firm has a hedging system where the currency can move within a certain range beyond which it is 100 per cent protected. Subject to an annual review.