Pinsents – UK 100

Turnover: £91.7m

Profit per equity partner: £270,000

Equity spread: £140,000-£400,000

Net profit: £21.6m

Profit margin: 24 per cent

Salaried partner remuneration: £95,000

Revenue per lawyer: £200,000

Revenue per partner: £603,000

Revenue per equity partner: £1,146,000

Cost per lawyer: £153,000

Profit per lawyer: £47,000

No of partners: 152

No of equity partners: 80

No of female partners: 31

No of female equity partners: Nine

Total no of fee-earners (including consultants, paralegals etc): 552

Total no of fee-earners (excluding consultants, paralegals etc): 459

Total no of staff: 1,004

Leverage ratio: 1:3.84

Equity partner to staff ratio: 1:5.65

Fee-earner to staff ratio: 1:0.82

Financial management: Average WIP 46 days, average debtor days 71. Average fixed capital contribution for equity partners £120,000.

Equity structure: Modified lockstep with 20 to 40 points taking 10 years to reach top. Up to 10 per cent of profits may be distributed by merit.

Billable hours targets: 1,500 non-partners, 1,200 variable for partners.

Key clients: Abbot Group, Axa Group, Department for Environment and Rural Affairs, IMI Group, John Laing, RAC Group.