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| Turnover | £25.0m | | Profit per equity partner | £885,000 | | Equity spread | £160,000-£1,400,000 | | Net profit | £5.3m | | Profit margin | 21 per cent | | Revenue per lawyer | £417,000 | | Revenue per partner | £1,471,000 | | Revenue per equity partner | £4,167,000 | | Total no of fee-earners | 60 | | Total no of assistants | 43 | | No of partners | 17 | | No of equity partners | 6 | | Total no of female partners | 1 | | Total no of female equity partners | 0 | | Total no of staff | 160 | | Leverage ratio (equity partners/fee-earners) | 7.2 | | Representative clients | Bank of Scotland BC Partners Candover Charterhouse CVC | |
Dickson Minto continued to plough its lucrative
corporate furrow north and south of the Scottish
border last year. The 17-partner boutique
maintained its longstanding track record of advising
on deals for which far larger firms would give a full
set of molars. Last year these included Frasers'
acquisition of Edinburgh's well-known retailer
Jenners, the sale of Artemis Fund Managers'
premium funds service, Standard Life's launch of
two retail unit trusts and Bank of Scotland's take
private of UA Group by Elphinstone Land.
The firm has doubled its office space recently in
both London and Edinburgh to cater for continued
expansion, while during the year it also became
the first Scottish firm to convert to a multinational
practice (MNP) following the introduction of the
MNP legislation on 1 May 2005. The move means
Dickson Minto no longer needs separate licences
to operate as a partnership in England and Scotland.
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