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UK/global turnover: |
£52.3m/£523.9m |
UK/global PEP: |
£1.58m/£1,48m |
UK/global revenue per lawyer: |
£918,000/£862,000 |
UK revenue per partner/equity partner: |
£3.3m/£3.3m |
Global revenue per equity partner: |
£3.2m |
UK/global number of equity partners: |
16/163 |
UK/global number of partners: |
16/163 |
| UK/global number of lawyers: |
57/608 |
| UK number of staff: |
130 |
| UK/global leverage ratio: |
2.6/2.7 |
SULLIVAN & CROMWELL’S 16-partner London
office benefited from the M&A boom, with UK
turnover breaking through the £50m barrier for the
first time.
Goldman Sachs remains the firm’s biggest-billing
client, notably instructing Sullivan, in conjunction
with the company’s management, on the £410m
take-private of UK discount clothing retailer Peacock.
Other highlights included the firm’s appointment to
Barclays’ US panel.
Sullivan does not hire laterally in the US, but is
known to be looking at its UK and European
capability, with the focus on finance and project
finance.
The firm is an all-equity partnership operating a
merit-based compensation system. Partner
distribution is decided annually by the firm’s executive
committee and overseen by chairman Rodgin Cohen.
Most notably 2005 saw chief financial officer Joe
Shenker named as Cohen’s successor when his
current term ends in 2010.
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