Shepherd + Wedderburn – UK 100

Turnover: £29m

Profit per equity partner: £205,000

Equity spread: £130,000-£280,000

Net profit: £8.6m

Profit margin: 30 per cent

Salaried partner remuneration: The firm has

no salaried partners. London fixed-share partners earn an average of £120,000, while Scottish

fixed-share partners average between £80,000 and £120,000.

Revenue per lawyer: £271,000

Revenue per partner: £580,000

Revenue per equity partner: £690,000

Cost per lawyer: £191,000

Profit per lawyer: £80,000

No of partners: 50

No of equity partners: 42

No of female partners: 13

No of female equity partners: 10

Total no of fee-earners (including consultants, paralegals etc): 234

Total no of fee-earners(excluding consultants, paralegals, etc): 107

Total no of staff: 452

Leverage ratio: 1:1.36

Equity partner to staff ratio: 1:5.19

Fee-earner to staff ratio: 1:0.93

Financial management: Average lockup is 166 days.

Equity structure: Modified lockstep.

Billable hours targets: None.

Key clients: Ancient Mariner Properties, Bank of Scotland, British Biocell International, HM Customs & Excise, Pillar, Scottish Enterprise, ScottishPower, Scottish & Newcastle, Taylor Woodrow.