Morgan Cole – UK 100

Turnover: £27m

Profit per equity partner: £50,000

Equity spread: £40,000-£125,000

Net profit: £4.3m

Profit margin: 16 per cent

Salaried partner remuneration: None

Revenue per lawyer: £108,000

Revenue per partner: £500,000

Revenue per equity partner: £500,000

Cost per lawyer: £91,000

Profit per lawyer: £17,000

No of partners: 54

No of equity partners: 54

No of female partners: 12

No of female equity partners: 12

Total no of fee-earners (including consultants, paralegals etc): 280

Total no of fee-earners (excluding consultants, paralegals etc): 250

Total no of staff: 500

Leverage ratio: 1:3.63

Equity partner to staff ratio: 1:4.07

Fee-earner to staff ratio: 1:0.79

Financial management: Debt estimated at between £8m and £10m.

Equity structure: Lockstep. Full equity prtnership.

Billable hours targets: Assistants 1,450, partners 1,200.

Key clients: Associated British Ports, BP, National Assembly for Wales, Vanguard Systems.