Total no of fee-earners (including consultants, paralegals etc): 198
Total no of fee-earners (excluding consultants, paralegals etc): 156
Total no of staff: 340
Leverage ratio: 1:2.36
Equity partner to staff ratio: 1:3.23
Fee-earner to staff ratio: 1:0.72
Financial mangement: Average capital contributions are up to £150,000. Average 80 per cent recovery rate on billings and no debt. Firm made no adjustment for FRS5, but if it had, it estimates that profits would have risen by £2m.
Equity structure: Modified lockstep with 10-year ladder and two to one spread plus 5 per cent merit element. Last year there were 17 partners at the top of the lockstep pre-bonus pool.