The Lawyer Global Litigation Top 50 report is the only ranking of international law firms by litigation and arbitration revenue and is essential reading for anyone seeking to benchmark their litigation and dispute resolution practices...
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: £142.4m Profit per equity partner: £610K Earnings per partner: £504K Equity spread: £250K-£980K Net profit: £55.5m Profit margin: 39 per cent Revenue per fee-earner: £266K Revenue per lawyer: £328K Revenue per partner: £1,158K Revenue per equity partner: £1.58m Total number of fee-earners: 536 Total number of qualified partners: 434 Total number of partners: 123 Total number of equity partners: 90 Total number of female partners: 28 Total number of female equity partners: 19 Total number of staff: 973 Leverage ratio (equity partners/fee-earners): 1:3.8
INTERNAL PROMOTIONS 2006-07: Litigation 1, corporate 1 2005-06: Real estate 2, tax 1, litigation 1, projects 2, construction 1 2004-05: Projects 1, real estate 4, commercial 1, banking 1
Intake as percentage of partnership: 9.3 New female partners as percentage of intake: 18.2 Firms recruited from:Baker & McKenzie, Geldards, Kilpatrick Stockton, Mayer Brown Rowe & Maw, McGrigors, Pinsent Masons, Travers Smith, Taylor Vinters Equity structure: 85 equity, 33 non-equity Practice area(s) most heavily promoted: Litigation, corporate *Figures supplied relate to the calendar year
After two good years for internal promotions, when a total of 14 associates were made up to partners, 2006-07 saw just two of Nabarro’s homegrown talents promoted. Lateral hiring continued, with another nine partners recruited, many from the level of associate at rival firms. It was the second year that the firm recruited nine lateral partners and a big push is on to boost the corporate department, especially its AIM capabilities. Once renowned for its real estate capability – an area that historically has been the most heavily promoted – the firm is less likely to promote associates into that department. Its related groups of planning and construction each secured one new promotion in the past year.