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The Lawyer UK 100

Keoghs


Turnover£17.5m
Profit per equity partner£166,000
Equity spread£120,000-£200,000
Net profit£1.5m
Profit margin9 per cent
Revenue per lawyer£203,000
Revenue per partner£648,000
Revenue per equity partner£1,944,000
Total no of fee-earners251
Total no of assistants59
No of partners27
No of equity partners9
Total no of female partners7
Total no of female equity partners1
Total no of staff406
Leverage ratio (equity partners/fee-earners)6.6
Representative clientsAxa
Liverpool Victoria
Endsleigh Insurance Services
Norwich Union
Zurich

After a dismal year last year in which it recorded a profit margin of just 7 per cent, life improved for Keoghs in 2005. Net profit last year looked far better at £3.2m, a margin of 18 per cent.

However, the equity is increasingly tightly-held. Full equity partner numbers fell to just eight in 2005, partly because of the retirement of the firm's head of commercial in June 2004.

The firm deals primarily with insurance claims work, handling around 1,200 files a month for clients including Axa, Norwich Union and Zurich.

 
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