|
|
|
| Turnover | £50m | | Profit per equity partner | £190,000 | | Equity spread | £95,000-£245,000 | | Net profit | £15.8m | | Profit margin | 32 per cent | | Revenue per lawyer | £130,000 | | Revenue per partner | £362,000 | | Revenue per equity partner | £602,000 | | Total no of fee-earners | 473 | | Total no of assistants | 248 | | No of partners | 138 | | No of equity partners | 83 | | Total no of female partners | 20 | | Total no of female equity partners | 7 | | Total no of staff | 805 | | Leverage ratio (equity partners/fee-earners) | 3 | | Representative clients | De Vere Group
Highland Gold Mining
Magnet
Matalan Retail
Orange PCS
Salford City Council | |
The aggressively expanding Cobbetts, one of the
few large regional firms with no presence in London,
continued its merger programme last year. It added
Leeds' Wilbraham & Co and Walker Charlesworth
& Foster to add to 2003's takeovers of Fox Brooks
Marshall and Birmingham's Lee Crowder.
The deals have seen Cobbetts' turnover climb to
£50m, up 20 per cent from 2004 and a phenomenal
300 per cent from 2001's £15m. But the growth
has taken its toll on profit, with PEP dropping to
£190,000. Managing partner Michael Shaw will have
to work hard to fulfil his promise of a resurgence.
|
| |
Related Tables
|
|
|
|
|
