UK top 200 ranking: 121
Turnover at Scottish firm MacRoberts, which has offices in Glasgow and Edinburgh, fell to £17.3m during 2011–12, although the firm’s partner headcount increased by four. This was thanks to the promotion of four lawyers in January 2012: disputes specialist Gillian Craig, planning expert Moray Thompson, pensions lawyer Martyn Shaw and employment lawyer Gina Wilson.
Revenue per partner fell from an estimated £481,000 in 2010–11 to £376,000 in 2011–12.
In June 2010 MacRoberts moved into new premises in Glasgow, taking 33,500sq ft in the Capella Building, one of a few buildings in Glasgow to offer Grade-A office space. While the firm did not disclose how much it pays in annual property costs, the offices were being marketed for an average of £26 per sq ft in early 2010, meaning annual rent would be around £871,000. The firm also has space in Edinburgh’s Excel House.
After the end of the 2011-12 financial year MacRoberts revealed that it was keeping on just two of its 11 September 2012 qualifiers, giving it a trainee retention rate of 18 per cent. The firm blamed its 60 per cent retention rate the previous year and “the fact that market conditions continue to be challenging”.
60 York Street
Turnover (£m): 17.3
Total lawyers: 118