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| Turnover | £52m | | Profit per equity partner | £311,000 | | Equity spread | £176,000-£352,000 | | Net profit | £15.2m | | Profit margin | 29 per cent | | Revenue per lawyer | £272,000 | | Revenue per partner | £605,000 | | Revenue per equity partner | £1,061,000 | | Total no of fee-earners | 220 | | Total no of assistants | 105 | | No of partners | 86 | | No of equity partners | 49 | | Total no of female partners | 8 | | Total no of female equity partners | 2 | | Total no of staff | 442 | | Leverage ratio (equity partners/fee-earners) | 2.1 | | Representative clients | Qatar Gas Transport Company
Smit Internationale
China Ocean Shipping Company
HSH Nordbank AG
Ace
Rio Tinto
Tsakos Shipping & Trading | |
Litigation and insurance dominate Holmans'
business, with 80 per cent of revenue derived from
disputes. The core area is shipping, both wet and
dry, although the admiralty side was particularly
busy in 2004-05.
Holmans broadened its corporate practice this
year. This currently generates just 10 per cent of
revenue. The hire of ship finance partner John Forrester
from Stephenson Harwood shows its intent
to grow this by leveraging off its shipping clients.
The good year is reflected in the PEP figure, which
broke through the £300,000 barrier.
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