67
Turnover: £27m
Profit per equity partner: £50,000
Equity spread: £40,000-£125,000
Net profit: £4.3m
Profit margin: 16 per cent
Salaried partner remuneration: None
Revenue per lawyer: £108,000
Revenue per partner: £500,000
Revenue per equity partner: £500,000
Cost per lawyer: £91,000
Profit per lawyer: £17,000
No of partners: 54
No of equity partners: 54
No of female partners: 12
No of female equity partners: 12
Total no of fee-earners (including consultants, paralegals etc): 280
Total no of fee-earners (excluding consultants, paralegals etc): 250
Total no of staff: 500
Leverage ratio: 1:3.63
Equity partner to staff ratio: 1:4.07
Fee-earner to staff ratio: 1:0.79
Financial management: Debt estimated at between £8m and £10m.
Equity structure: Lockstep. Full equity prtnership.
Billable hours targets: Assistants 1,450, partners 1,200.
Key clients: Associated British Ports, BP, National Assembly for Wales, Vanguard Systems.