Landwell – UK 100

Turnover: £15m

Profit per equity partner: £450,000

Equity spread: £240,000-£540,000

Net profit: £1.8m

Profit margin: 12 per cent

Salaried partner remuneration: N/A

Revenue per lawyer: £306,000

Revenue per partner: £937,000

Revenue per equity partner: £3,750,000

Cost per lawyer: £269,000

Profit per lawyer: £38,000

No of partners: 16

No of equity partners: Four

No of female partners: Seven

No of female equity partners: Two

Total no of fee-earners (including consultants, paralegals etc): 65

Total no of fee-earners (excluding consultants, paralegals etc): 49

Total no of staff: 90

Leverage ratio: 1:8.25

Equity partner to staff ratio: 1:6.25

Fee-earner to staff ratio: 1:0.38

Financial management: WIP 40 days, average debtors 135. Average fixed-capital contribution for equity partners is £150,000.

Equity structure: Modified lockstep.

Billable hours targets: Varies by practice group from 800-1,400 hours.

Key clients: PricewaterhouseCoopers.