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.
Turnover: £35.6m Profit per equity partner: £314K Earnings per partner: £213K Equity spread: £120K-£380K Net profit: £11.9m Profit margin: 33 per cent Revenue per fee-earner: £140K Revenue per lawyer: £218K Revenue per partner: £537K Revenue per equity partner: £0.81m Total number of fee-earners: 255 Total number of qualified partners: 164 Total number of partners: 66 Total number of equity partners: 44 Total number of female partners: 19 Total number of female equity partners: 7 Total number of staff: 478 Leverage ratio (equity partners/fee-earners): 1:2.7
Intake as percentage of partnership: 7 New female partners as percentage of intake: 75 Equity structure: 38 equity partners, 19 non-equity Practice area(s) most heavily promoted: Commercial, litigation *Figures supplied relate to the calendar year
Three-quarters of Thomas Eggar’s total staff is female, as well as two-thirds of the firm’s nine new partners over the past three years. In general partnership prospects are slim, unless you are in the company/commercial team. The firm has been bolstering its company/commercial and litigation groups at the expense of pensions, which has seen two partner departures in two years.