Turnover: £110m
Profit per equity partner: £1,100K
Earnings per partner: £847K
Equity spread: £450K-£1,230K
Net profit: £52.8m
Profit margin: 48 per cent
Revenue per fee-earner: £932K
Revenue per lawyer: £354K
Revenue per partner: £1,528K
Revenue per equity partner: £2.29m
Total number of fee-earners: 118
Total number of qualified partners: 311
Total number of partners: 72
Total number of equity partners: 48
Total number of female partners: 12
Total number of female equity partners: 5
Total number of staff: 265
Leverage ratio (equity partners/fee-earners): 1:5.5

INTERNAL PROMOTIONS
2006-07: Corporate 2, private equity 1, property 1
2005-06: Commercial 1, real estate 1, corporate 1, private client 3
2004-05: Competition 1, legal information 1

LATERALS
2006-07: Employment/pensions 1, public law 1
2005-06: 0
2004-05: Finance 2

Intake as percentage of partnership: 8.8
New female partners as percentage of intake: 50
Firms recruited from: Hammonds, Jones Day
Equity structure: 48 equity partners, 20 non-equity
Practice area(s) most heavily promoted: Corporate
*Figures supplied relate to the calendar year

The last 12 months have seen comparatively heavy activity for Macfarlanes – there may have been only two lateral hires, but there were none in the preceding fiscal year. Macfarlanes prefers to concentrate on promoting its own lawyers, making up four associates to the partnership in the last financial year, with the emphasis squarely on the firm’s engine, corporate.