The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... 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.
Turnover: £64.5m Profit per equity partner: £313K Earnings per partner: £230K Equity spread: £175K-£500K Net profit: £14.3m Profit margin: 22 per cent Revenue per fee-earner: £160K Revenue per lawyer: £205K Revenue per partner: £838K Revenue per equity partner: £1.37m Total number of fee-earners: 402 Total number of qualified partners: 315 Total number of partners: 77 Total number of equity partners: 47 Total number of female partners: 15 Total number of female equity partners: 11 Total number of staff: 676 Leverage ratio (equity partners/fee-earners): 1:5.7
Intake as percentage of partnership: 13 New female partners as percentage of intake: 10 Firms recruited from:Dundas & Wilson, the bar Equity structure: 52 equity, 25 non-equity Equity structure: 52 equity, 25 non-equity Practice area(s) most heavily promoted: Corporate *Figures supplied relate to the calendar year
McGrigors’ corporate group continued to benefit most from internal promotions, with three new partners out of a total of eight. Overall the Scottishheadquartered firm continued to favour internals over laterals. Only two new partners, one in corporate and one in finance, came from outside last year. McGrigors’ traditional strength in IP continued to be well represented, with two internal promotions, while property also benefited from two new partners.