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UK/global turnover: |
£64.6m/£477.1m |
UK/global PEP: |
£950,000/£743,000 |
UK/global revenue per lawyer: |
£521,000/£489,000 |
UK revenue per partner/equity partner: |
£2.8m/£2.8m |
Global revenue per equity partner: |
£2.4m |
UK/global number of equity partners: |
23/202 |
UK/global number of partners: |
23/202 |
| UK/global number of lawyers: |
124/976 |
| UK number of staff: |
273 |
| UK/global leverage ratio: |
4.4/3.8 |
THE LONDON office of Shearman & Sterling
remains the leading light within the firm
in terms of profit, with average UK PEP
some 20 per cent higher than the firm’s global
average.
Shearman London managing partner Kenneth
MacRitchie explained that, while London had
enjoyed three previous years of rapid growth, 2005
had been “a consolidation year”. However, the firm
did recruit structured finance partner Julian Tucker
from Allen & Overy, assisting its bid to become a
leading full-service offering.
Shearman operates a modified lockstep with 11
steps, although the majority of partners plateau at
step nine. Progress through the first three steps is
automatic.
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