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The Lawyer UK 100

Finers Stephens Innocent


Turnover£17m
Profit per equity partner£305,000
Equity spread£210,000-£500,000
Net profit£4m
Profit margin23 per cent
Revenue per lawyer£262,000
Revenue per partner£607,000
Revenue per equity partner£1,308,000
Total no of fee-earners77
Total no of assistants37
No of partners28
No of equity partners13
Total no of female partners5
Total no of female equity partners0
Total no of staff150
Leverage ratio (equity partners/fee-earners)2.9
Representative clientsLittlewoods Group
Pizza Hut
Express Newspapers
Tragus Holdings
Dow Jones
Arts Council England

It was a record year for Finers Stephens Innocent, with average PEP pushing through the £300,000 barrier. A solid performance from property and a barnstorming period for corporate, with eight flotations in October alone, were the principal drivers.

Elsewhere, Finers hit the headlines with Mark Stephens' successful defence of the McDonald's libel pair. Lower profile, but in all probability more profitable, was the firm's private client work for high-net-worth individuals. The result? An increase in turnover to £17m that was enough to keep the West End firm in the top 100.

Finers Profile
 
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