|
|
|
| Turnover: |
£16.7m |
| Revenue per partner: | £451,400 |
| Revenue per lawyer: | £183,500 |
| Total number of partners: | 37 |
| Total number of female partners: | 11 |
| Total number of fee earners: |
120 |
| Total number of qualified solicitors: |
191 |
| Total headcount: |
361 |
| Number of offices: | 5 |
AT THE half-year point of the 2006-07 Lester
Aldridge’s financial year took a turn for the
worse when it issued redundancy notices to
around 15 lawyers and support staff.
The South Coast firm blamed a
restructuring that was, in the words of
managing partnerMichael Giddins, "about
being able to offer opportunities for our staff
and for our clients which our marketplace is
now expecting".
Opportunities or not, the development will
be a blow to a firm that saw one of its core
areas, finance, hit hard during the 2005-06
financial year with the messy departure of
former head Kevin Heath and several
assistants to Salans.
Revenue inched up by 4 per cent to
£16.7m. Giddins will be hoping the
Hildebrandt-directed review will lead to a
better return.
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