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.