The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Turnover: £22.3m Profit per equity partner: £235K Earnings per partner: £165K Equity spread: £190K-£280K Net profit: £3.9m Profit margin: 17 per cent Revenue per fee-earner: £203K Revenue per lawyer: £262K Revenue per partner: £558K Revenue per equity partner: £1.31m Total number of fee-earners: 110 Total number of qualified partners: 85 Total number of partners: 40 Total number of equity partners: 17 Total number of female partners: 10 Total number of female equity partners: 3 Total number of staff: 190 Leverage ratio (equity partners/fee-earners): 1:4
INTERNAL PROMOTIONS 2006-07: IP 1, employment 1, real estate 1 2005-06: Corporate 1 2004-05: 0
LATERALS 2006-07: 0 2005-06: Private client 1, media 1, corporate 1 2004-05: Media 1
Intake as percentage of partnership: 7.3 New female partners as percentage of intake: 33.3 Equity structure: 20 equity partners, 21 non-equity Practice area(s) most heavily promoted: IP, employment, real estate, corporate *Figures supplied relate to the calendar year
West End upstart Wedlake Bell has ambitious plans to double the size of its corporate team. But that has not translated into a swathe of partnership promotions yet. One corporate lawyer was made up in 2005-06, while the firm’s other core practice, IP, also received one partnership promotion in 2006-07, along with employment and real estate.