Position: 61
Firm: Speechly Bircham Turnover: £47.2m
Profit per equity partner: £526K
Earnings per partner: £305K
Equity spread: £287K-£584K
Net profit: £12.1m
Profit margin: 26 per cent
Revenue per fee-earner: £235K
Revenue per lawyer: £274K
Revenue per partner: £761K
Revenue per equity partner: £2.05m
Total number of fee-earners: 201
Total number of qualified partners: 172
Total number of partners: 62
Total number of equity partners: 23
Total number of female partners: 8
Total number of female equity partners: 1
Total number of staff: 327
Leverage ratio (equity partners/fee-earners): 1:6.5
INTERNAL PROMOTIONS
2006-07: Corporate 1, property 1, private client 1, pensions 1
2005-06: Corporate 1, private client 1
2004-05: Competition 1
LATERALS
2006-07: IT 1, private client 1, litigation 1
2005-06: Corporate 1, dispute resolution 1, property 1, litigation 1
2004-05: Private client 3, property 1
Intake as percentage of partnership: 12.7
New female partners as percentage of intake: 14.3
Firms recruited from: Faegre & Benson, DLA Piper, Nabarro
Equity structure: 20 equity partners, 35 non-equity
Practice area(s) most heavily promoted: Private client
*Figures supplied relate to the calendar year
For the second year in a row Speechly Bircham has doubled its internal promotions. It made one promotion in 2004-05, two in 2005-06 and four in 2006-07.
The corporate and private client groups were the biggest winners with two appointments apiece. Three laterals into IT, private client and the litigation departments in 2006-07 represented a slight reduction from the four hires made in both 2004-05 and 2005-06.
- Web: www.speechlys.com
- Telephone: 020 7427 6400
- Fax: 020 7353 4368
- No. of Trainees: 20
- No. of Trainee Vacancies: 10
- Training contract application deadline: 31-Jul-08
- Selection
- Individual interview: No
- Panel interview: Yes
- Assessment day: No
- Psychometric test: No
- Written exercise: No
- No. of Seats: 4
- Opportunities Abroad: No
- Vacation Schemes
- No. placements: 20
- Summer vacation scheme application deadline: 15-Feb-08
- GDL/CPE Intake: 50%
- GDL/CPE funding
- Fees: Yes
- Maintenance: £5,000 - £5,500
- LPC funding
- Fees: Yes
- Maintenance: £5,500 - £6,000
- Salary/benefits
- Start: £31,000
- Qualification: £56,000
- Season ticket loan: Yes
- Healthcare: Yes
- Pension scheme: Yes
- Life assurance: Yes
- Bonus scheme: No
- Gym membership: No
- Subsidised lunch: No
- Free taxis after hours: Yes