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| Turnover | £17m | | Profit per equity partner | £305,000 | | Equity spread | £210,000-£500,000 | | Net profit | £4m | | Profit margin | 23 per cent | | Revenue per lawyer | £262,000 | | Revenue per partner | £607,000 | | Revenue per equity partner | £1,308,000 | | Total no of fee-earners | 77 | | Total no of assistants | 37 | | No of partners | 28 | | No of equity partners | 13 | | Total no of female partners | 5 | | Total no of female equity partners | 0 | | Total no of staff | 150 | | Leverage ratio (equity partners/fee-earners) | 2.9 | | Representative clients | Littlewoods 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.
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