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The Lawyer UK 100

Sullivan & Cromwell


UK/global turnover:

£46m/£454.7m

UK/global PEP:

£1.4m/£1.3m

UK/global revenue per lawyer:

£939,000/£772,000

UK revenue per partner/equity partner:

£2.9m/£2.9m

Global revenue per equity partner:

£2.9m

UK/global number of partners:

16/156
UK/global number of lawyers: 49/589
UK number of staff: 55
UK/global leverage ratio: 2.1/2.8
UK equity partner to staff ratio: 3.4

SULLIVAN & CROMWELL'S London presence tried to shift away from its image as a US support function rather than a fully-fledged UK presence during 2004-05. The firm promoted UK-qualified Craig Jones to its partnership in a move described as preceding a broader push into UK corporate. This contradicted claims that the UK practice be restricted to project finance. It appears to have worked in the London office's favour, though, with revenue up 9.5 per cent to £46m and PEP also up to £1.4m.

 

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