The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. 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.