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| Turnover | £18.2m | | Profit per equity partner | £347,000 | | Equity spread | £225,000-£510,000 | | Net profit | £5.2m | | Profit margin | 29 per cent | | Revenue per lawyer | £260,000 | | Revenue per partner | £910,000 | | Revenue per equity partner | £1,213,000 | | Total no of fee-earners | 75 | | Total no of assistants | 50 | | No of partners | 20 | | No of equity partners | 15 | | Total no of female partners | 5 | | Total no of female equity partners | 3 | | Total no of staff | 136 | | Leverage ratio (equity partners/fee-earners) | 3.3 | | Representative clients | Axa Group
Corus
Invensys
Mitsui Sumitomo Insurance Company
Munich Re
St Paul Travelers | |
With an impressive average PEP figure of £347,000,
Kendall Freeman has once again been able to hand
out a bonus to every member of its 136 staff and
75 fee-earners.
The firm is thriving two years after the dissolution
of forerunner DJ Freeman. It continues to be
best known for litigation, which accounted for 77
per cent of turnover in 2005.
Kendall Freeman operates a split equity system,
with five fixed-share equity partners remunerated
partially through a salary and partially through a
share of the equity.
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