The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Total no of fee-earners (including consultants, paralegals etc): 225
Total no of fee-earners (excluding consultants, paralegals etc): 87
Total no of staff: 365
Leverage ratio: 1:5.36
Equity partner to staff ratio: 1:12.73
Fee-earner to staff ratio: 1:0.62
Financial management: Lockup target 170 days, achieved 172 (average WIP 125 days, average debtor days 47). Average capital contributions per equity partner £175,000.
Equity structure: Merit-based, with one partner at the top of lockstep last year. Three levels of equity. At the end of each year each partner prepares a portfolio of their achievements, which is considered by a remuneration committee of three partners. The committee makes recommendations and then the entire partnership votes on remuneration. There is the capacity for new equity partners to go straight in on the mid-tier, should this be deserved.
Billable hours targets: Assistants 1,350.
Key clients: Axa, Norwich Union, Royal Bank of Scotland Insurance, Zurich.