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The Lawyer UK 100

Maclay Murray & Spens


Turnover£43.0m
Profit per equity partner£224,000
Equity spread£135,000-£280,000
Net profit£11.9m
Profit margin28 per cent
Revenue per lawyer£189,000
Revenue per partner£589,000
Revenue per equity partner£811,000
Total no of fee-earners338
Total no of assistants154
No of partners73
No of equity partners53
Total no of female partners22
Total no of female equity partners4
Total no of staff578
Leverage ratio (equity partners/fee-earners)2.9
Representative clientsAllied Distillers
Bank of Scotland
British Waterways Board
Ofgem
Picsel Technologies
The Weir Group

Maclay Murray & Spens continued to ramp up its London presence last year with the acquisition of City financial services boutique The City Law Partnership. The deal came less than 18 months after a similar bolt-on with property boutique Fenners.

Helped by The City Law Partnership deal, Maclays reported a healthy turnover rise of 13 per cent to £43m. Net profit also rose, up 20 per cent on 2003- 04 to £13m.

 
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