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| Turnover | £45.3m | | Profit per equity partner | £264,000 | | Equity spread | £160,000-£340,000 | | Net profit | £11.4m | | Profit margin | 25 per cent | | Revenue per lawyer | £149,000 | | Revenue per partner | £394,000 | | Revenue per equity partner | £1,058,000 | | Total no of fee-earners | 370 | | Total no of assistants | 190 | | No of partners | 115 | | No of equity partners | 42 | | Total no of female partners | 22 | | Total no of female equity partners | 6 | | Total no of staff | 745 | | Leverage ratio (equity partners/fee-earners) | 4.4 | | Representative clients | Barclays Somerfield Iceland Liverpool City Council Yorkshire Bank Royal Bank of Scotland | |
Hill Dickinson recorded an enviable 19 per cent
rise in PEP in the past year with a 13 per cent
turnover increase, despite fee-earner numbers
remaining fairly static. The firm has a tightly-held
equity, with under 40 per cent of the total 115 partners
being full equity.
Commercial litigation continues to drive the
firm's performance, but corporate and property
work are now also performing well. Private client
work is buoyant and, unusually for a commercial
law firm, Hill Dickinson will continue to invest in
this area.
Senior partner Tony Wilson was also pleased
with the firm's performance given its continued
investment in client development, and says in the
future Hill Dickinson will look to maintain its position
in the North West region.
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