Profit per equity partner: £360,000
Equity spread: £130,000-£480,000
Net profit: £10.8m
Profit margin: 27 per cent
Salaried partner remuneration: £90,000
Revenue per lawyer: £199,000
Revenue per partner: £532,000
Revenue per equity partner: £1,347,000
Cost per lawyer: £146,000
Profit per lawyer: £53,000
No of partners: 76
No of equity partners: 30
No of female partners: 20
No of female equity partners: Five
Total no of fee-earners (including consultants, paralegals etc): 312
Total no of fee-earners (excluding consultants, paralegals etc): 203
Total no of staff: 660
Leverage ratio: 1:4.23
Equity partner to staff ratio: 1:11.6
Fee-earner to staff ratio: 1:1.12
Average debtor days at year end is 49.
Equity structure: Merit-based system with an element of modified lockstep for new equity partners. It takes four years to reach the top of the lockstep, before remuneration becomes entirely merit-based. There was one partner at the top of equity last year.
Billable hours targets: Assistants 1,500, partners 1,100.
Key clients: AIG, Norwich Union.