The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... 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: £32.1m Profit per equity partner: £241K Earnings per partner: £226K Equity spread: £168K-£301K Net profit: £9.7m Profit margin: 30 per cent Revenue per fee-earner: £124K Revenue per lawyer: £217K Revenue per partner: £643K Revenue per equity partner: £0.94m Total number of fee-earners: 258 Total number of qualified partners: 148 Total number of partners: 50 Total number of equity partners: 34 Total number of female partners: 13 Total number of female equity partners: 10 Total number of staff: 437 Leverage ratio (equity partners/fee-earners): 1:3.4
INTERNAL PROMOTIONS 2006-07: 0 2005-06: Health 1, IT 1, disputes 1 2004-05: IP 1, corporate 1, banking 1
LATERALS 2006: 0 2005: Corporate 1 2004: 0
Intake as percentage of partnership: 0 New female partners as percentage of intake: 0 Equity structure: 38 equity partners, 11 non-equity Practice area(s) most heavily promoted: Corporate *Figures supplied relate to the calendar year
Promotions at Morgan Cole ground to a halt this year with no lawyers promoted to the partnership in 2006-07. The firm nevertheless has a clear preference for home-grown partners, having made six of its seven appointments to the partnership over the past three years from within. These have been across a range of disciplines, with the nearest to a ‘trend’ being two appointments into the corporate team. Morgan Cole claims to operate a formal flexible working policy, but was unwilling to disclose details.