|
|
|
| Turnover: |
£33.6m |
| Profit per equity partner: |
£296,000 |
| Earnings per partner: |
£226,000 |
| Equity spread: |
£110,000-£366,000 |
| Net profit: |
£10m |
| Profit margin: |
28 per cent |
| Revenue per lawyer: |
£271,000 |
| Revenue per partner: |
£672,000 |
| Revenue per equity partner: |
£1.05m |
| Total number of fee-earners: |
232 |
| Total number of assistants: |
74 |
| Total number of partners: |
50 |
| Total number of equity partners: |
32 |
| Total no of female partners: |
14 |
| Total no of female equity partners: |
5 |
| Total no of staff: |
586 |
| Leverage ratio (equity partners to
assistants): |
1:2.9 |
| Representative clients: |
Barratts,
Environment Agency,
HBOS,
Norwich Union,
Royal Mail,
Welsh Rugby Union |
|
*BUY
|
Litigation accounts for 45 per cent of Hugh James's practice, with property contributing much of the balance.
A 15 per cent increase in turnover (which included a 6 per cent uplift for FRS5) and a 20 per cent rise in average PEP, to £296,000, represents a satisfactory year for the Welsh giant.
Fees aside, it was a steady year and one that saw Hugh James grow slightly, with two additional partners, but the equity remains static at 32 partners.
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