The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
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.
Total no of fee-earners (including consultants, paralegals etc): 292
Total no of fee-earners (excluding consultants, paralegals etc): 244
Total no of staff: 579
Leverage ratio: 1:2.36
Equity partner to staff ratio: 1:4.48
Fee-earner to staff ratio: 1:0.98
Financial management: Lockup target 97 days, achieved 88.4 (average WIP at year-end was 31.1 days, average debtor days 57.3). Work profile by revenue: corporate 26 per cent, dispute resolution 16, employment and pensions 8, finance and projects 13, IP 16, private client 7, real estate 14. Average capital contributions £113,000, with the range currently at £67,000-£170,000.
Equity structure: Points awarded to partners within nine bands, entirely on merit.