Fri, 13 Dec 2013
Thu, 12 Dec 2013
Addleshaw Goddard: InVest — November 2013: banking
Nabarro: Financial sector update — November 2013
Wragge & Co: Private equity update — third edition, 2013
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
19 January 2005
23 August 2013
16 August 2013
2 September 2013
17 January 2013
9 September 2013
UK/global turnover: £6m/£121m
UK/global PEP: £427,000/£427,000
UK/global revenue per lawyer: £273,000/£368,000
UK revenue per partner/equity partner: £0.6m/£3m
Global revenue per equity partner: £1m
UK/global number of partners: 2(10)/121
UK/global number of lawyers: 22/329
UK number of staff: 36
UK/global leverage ratio: 1:10/1:1.7
UK equity partner to staff ratio: 1:18
Equity structure: Merit-based with some elements based on seniority.
Billable hours targets: 1,650 for partners and associates.
Billing currency: Majority of bills are in sterling, but London also charges in dollars.
Cost of living details: In 2003, the firm had one US partner on secondment in London. Cost of living issues are dealt with on an ad hoc basis.
UK-based lawyer remuneration: Equity partners are paid in dollars. All other lawyers are paid in sterling.
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