Skadden Arps Slate Meagher & Flom – UK 100

UK/global turnover: £43.1m/£811m

UK/global PEP: £1m/£976,000

UK/global revenue per lawyer: £575,000/£492,000

UK revenue per partner/equity partner: £2.9m/£2.9m

Global revenue per equity partner: £2.3m

UK/global number of partners: 15/350

UK/global number of lawyers: 75/1,650

UK number of staff: 120

UK/global leverage ratio: 1:4/1:3.7

UK equity partner to staff ratio: 1.8

Equity structure: Modified lockstep.

Billable hours targets: None set.

Billing currency: Majority in dollars, depends on client.

Cost of living details: No lawyers were on secondment to the UK in 2003. For associates the firm pays a lump sum of $40,000 (£24,500). This is being reviewed.

UK-based lawyer remuneration: All partners paid in dollars. US associates paid in dollars, but receive cost of living allowance. UK associates paid in sterling.