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The Lawyer UK 100

Milbank Tweed Hadley & McCloy


UK/global turnover:

£22m/£235.5m

UK/global PEP:

£780,000/£1m

UK/global revenue per lawyer:

£524,000/£458,000

UK revenue per partner/equity partner:

£1.7m/£1.7m

Global revenue per equity partner:

£2.2m

UK/global number of partners:

13/134
UK/global number of lawyers: 42/514
UK number of staff: 76
UK/global leverage ratio: 2.2/3.8
UK equity partner to staff ratio: 5.8

Milbank Tweed Hadey & McCloy's London office saw a fractional increase in turnover this year to £22m, while average PEP nudged up to £254,000.

The firm's major European activity was in Germany. It opened in Munich with Peter Nussbaum, Freshfields Bruckhaus Deringer's former global co-head of private equity, gaining a client in Apax Partners as a result.

In the UK, Milbank closed its first deal for vulture fund Cerberus. The firm also appointed its first female partner in the City, project finance specialist Cathy Marsh.

The London office looks set to expand even further over the next year, with the hunt for larger premises in full swing, having outgrown its current 19,000sq ft home.

 

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