Shoosmiths


Position: 28 h
Firm: Shoosmiths

Turnover: £103.4m
Profit per equity partner: £327K
Earnings per partner: £174K
Equity spread: £240K-£336K
Net profit: £12.4m
Profit margin: 12 per cent
Revenue per fee-earner: £146K
Revenue per lawyer: £297K
Revenue per partner: £994K
Revenue per equity partner: £2.59m
Total number of fee-earners: 707
Total number of qualified partners: 348
Total number of partners: 104
Total number of equity partners: 40
Total number of female partners: 32
Total number of female equity partners: 7
Total number of staff: 1,481
Leverage ratio (equity partners/fee-earners): 1:7.7



INTERNAL PROMOTIONS
2006-07: Real estate 1, corporate 3, litigation 2
2005-06: Insurance 4, real estate 4, employment 2
2004-05: Real estate 3, construction 2, litigation 2, insurance 1, employment 1, corporate 1

LATERALS
2006-07: Real estate 2, corporate 3, construction 1, personal injury 1, tax 1, litigation 1, finance 1, employment 1
2005-06: Corporate/commercial 3, real estate 1, IP 1, private client 1, employment 1, shipping 1, litigation 1
2004-05: Corporate/commercial 2, real estate 2, insolvency 1, pensions 1, health/safety 1

Intake as percentage of partnership: 28.3
New female partners as percentage of intake: 23.5
Equity structure: 40 equity partners, 20 non-equity
Practice area(s) most heavily promoted: Real estate-related, corporate/commercial
*Figures supplied relate to the calendar year

Shoosmiths is a firm that is not afraid to add to its partnership, and if you are a commercial property or corporate lawyer – especially one based in Birmingham or Reading – your chances of promotion are high – unlike colleagues in the IP/IT, marine, personal injury or private client teams. Over three years the firm has made up 26 partners, 10 of whom were in property-related disciplines. This compares with 27 lateral hires, six of whom were in property-related sectors and eight in corporate/commercial.

  • Web: www.shoosmiths.co.uk
  • Telephone: 0870 0863 000
  • Fax: 0870 0863 001
  • No. of Trainees: 36
  • No. of Trainee Vacancies: 20
  • Training contract application deadline: 31-Jul-08
  • Selection
    • Individual interview: Yes
    • Panel interview: No
    • Assessment day: Yes
    • Psychometric test: No
    • Written exercise: Yes
    • Presentation: Yes
  • No. of Seats:
  • Opportunities Abroad: No
  • Vacation Schemes
    • No. placements: 35
    • Summer vacation scheme application deadline: 29-Feb-08
  • GDL/CPE Intake: Given equal consideration
  • GDL/CPE funding
    • Fees: £12,000 to be split between fees and maintenance
    • Maintenance: N/A
  • LPC funding
    • Fees: £14,000 split between fees and maintenance
    • Maintenance: N/A
  • Salary/benefits
    • Start: £24,000
    • Qualification: £38,000
    • Season ticket loan: Yes
    • Healthcare: Yes
    • Pension scheme: Yes
    • Life assurance: Yes
    • Bonus scheme: No
    • Gym membership: No
    • Subsidised lunch: No