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.
South East firm Thomas Eggar is on target for a 22 per cent increase in turnover this year as it posts bumper half-year figures.
Six-month fee income is up 17 per cent on the same period last year and the firm aims to finish the year with a turnover of close to £34m, up from £27.8m for the 2004-05 financial year.
The firm did not disclose profit figures at the half-year stage. However, managing partner Tony Edwards told The Lawyer that he has set a target for profit per equity partner (PEP) to hit £300,000 by the end of the 2006-07 financial year. Last year's PEP was £235,000.
The firm has expanded quickly this year, appointing at least 11 new lawyers. It has also undergone some organisational changes. In 2004, it changed its remuneration system to a modified lockstep with a merit system. It relocated a third of its lawyers to Crawley and closed its Horsham and Reigate offices .