48=
Turnover: £41m
Profit per equity partner: £145,000
Equity spread: £110,000-£190,000
Net profit: £3.2m
Profit margin: 8 per cent
Salaried partner remuneration: £110,000-£190,000
Revenue per lawyer: £224,000
Revenue per partner: £569,000
Revenue per equity partner: £2,050,000
Cost per lawyer: £207,000
Profit per lawyer: £17,000
No of partners: 72
No of equity partners: 20
No of female partners: 17
No of female equity partners: One
Total no of fee-earners (including consultants, paralegals etc): 271
Total no of fee-earners (excluding consultants, paralegals etc): 183
Total no of staff: 565
Leverage ratio: 1:5.55
Equity partner to staff ratio: 1:14.70
Fee-earner to staff ratio: 1:1.08
Financial management: No lockup targets.
Equity structure: Modified lockstep with nine steps. Annual reviews of objectives can move partners up or down the lockstep, with the managing partner setting objectives and reporting to an overview committee.
Billable hours targets: 1,450 assistants and partners.
Key clients: Axa Corporate, British Marine Industries Federation, Hoover Candy, Metropolitan Police, NHS Litigation Authority, Zurich.