The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... 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): 130
Total no of fee-earners (excluding consultants, paralegals etc): 110
Total no of staff: 256
Leverage ratio: 1:2.12
Equity partner to staff ratio: 1:3.82
Fee-earner to staff ratio: 1:0.97
Financial management: Lockup target 136 days (91 days WIP and 45 debtor days), achieved 232 at year-end (WIP 163 days, 69 debtor days). Figures include a 'minor' adjustment for FRS5. Practice profile by revenue is corporate 28.2 per cent, finance 24.3, litigation 7.3, property 38.4 and employment 1.8.
Equity structure: Lockstep with discretionary bonus and five steps to plateau.