TLT Solicitors


The Lawyer UK 200

  • UK 200 Position: 68
  • UK …



Position: 67
Firm: TLT Solicitors

Turnover: £41m
Profit per equity partner: £268K
Earnings per partner: £144K
Equity spread: £135K-£310K
Net profit: £5.4m
Profit margin: 13 per cent
Revenue per fee-earner: £93K
Revenue per lawyer: £234K
Revenue per partner: £569K
Revenue per equity partner: £2.05m
Total number of fee-earners: 439
Total number of qualified partners: 175
Total number of lawyers: 72
Total number of equity partners: 20
Total number of female partners: 12
Total number of female equity partners: 1
Total number of staff: 670
Leverage ratio (equity partners/fee-earners): 1:7.8



INTERNAL PROMOTIONS
2006-07: Employment 1, real estate 1
2005-06: Banking 1
2004-05: 0

LATERALS
2006-07: Real estate 1, corporate 1
2005-06: Real estate 3, banking 3, corporate 1
2004-05: Litigation 2, corporate 1

Intake as percentage of partnership: 7.1
New female partners as percentage of intake: 25
Equity structure: 32 equity partners, 24 non-equity
Practice area(s) most heavily promoted: Real estate, banking
*Figures supplied relate to the calendar year

Bristol-based TLT Solicitors has not shown much enthusiasm for promoting its associates, with just three made up to the partnership over the past three years, none of which have been in London.
The firm has seen a dozen lateral recruits come into the partnership during that time, with commercial property an area of focus. Associates in the corporate/commercial, competition and litigation/dispute resolution practices must be questioning whether their partnership opportunities lie elsewhere.

  • Web: www.tltcareers.com/trainee
  • Telephone: 0117 917 7777
  • Fax: 0117 917 7649
  • No. of Trainees: 21
  • No. of Trainee Vacancies: 19
  • Training contract application deadline: 31-Jul-09
  • Selection
    • Individual interview: No
    • Panel interview: No
    • Assessment day: Yes
    • Psychometric test: No
    • Written exercise: No
  • No. of Seats: 4
  • Opportunities Abroad: No
  • Vacation Schemes
    • No. placements: 40
    • Summer vacation scheme application deadline: 31-Jan-09
  • GDL/CPE Intake:
  • GDL/CPE funding
    • Fees: Yes
    • Maintenance: £4,500
  • LPC funding
    • Fees: Yes
    • Maintenance: £4,500
  • Salary/benefits
    • Start: £27,000
    • Qualification: £39,000
    • Season ticket loan: Yes
    • Healthcare: No
    • Pension scheme: Yes
    • Life assurance: Yes
    • Bonus scheme: No
    • Gym membership: Yes
    • Subsidised lunch: No