Stephenson Harwood – UK 100

Turnover: £58.6m

Profit per equity partner: £234,000

Equity spread: £140,000-£340,000

Net profit: £8.7m

Profit margin: 15 per cent

Salaried partner remuneration: £100,000-£160,000

Revenue per lawyer: £274,000

Revenue per partner: £723,000

Revenue per equity partner: £1,584,000

Cost per lawyer: £233,000

Profit per lawyer: £41,000

No of partners: 81

No of equity partners: 37

No of female partners: Nine

No of female equity partners: Two

Total no of fee-earners (including consultants, paralegals etc): 291

Total no of fee-earners (excluding consultants, paralegals etc): 214

Total no of staff: 551

Leverage ratio: 1:3.59

Equity partner to staff ratio: 1:7.03

Fee-earner to staff ratio: 1:0.89

Financial management: Lockup target 150 days, achieved 110 (average WIP 36 days, average debtor days 74).

Equity structure: Merit-based.

Billable hours targets: 1,550 assistants, 1,300 fixed-equity partners, 1,200 equity partners.

Key clients: Bank of Scotland, IDX Systems, InterContinental Hotels, Westminster Council.