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| Turnover | £24.2m | | Profit per equity partner | £295,000 | | Equity spread | £150,000-£450,000 | | Net profit | £4.7m | | Profit margin | 20 per cent | | Revenue per lawyer | £237,000 | | Revenue per partner | £590,000 | | Revenue per equity partner | £1,513,000 | | Total no of fee-earners | 138 | | Total no of assistants | 61 | | No of partners | 41 | | No of equity partners | 16 | | Total no of female partners | 13 | | Total no of female equity partners | 1 | | Total no of staff | 236 | | Leverage ratio (equity partners/fee-earners) | 3.8 | | Representative clients | Microsoft
Goldman Sachs
Inside Track Seminars
Instant Access
UBS
Helical Bar
Pentland Group | |
Mishcon de Reya restructured its equity system
at the beginning of the 2004-05 financial year. With
just 16 of the 41 partners now full equity, as opposed
to 23 last year, average PEP rocketed 27 per cent to
£295,000. However, net profit dropped by 12 per
cent to £4.7m, while turnover rose just 3 per cent
to £24.3m.
A commendable 31 per cent of the firm's 41 partners
are female - but just one is a full member of
the equity.
Mishcons continues to have a stellar reputation
in media law, with 41 per cent of turnover coming
from contentious work.
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