4
UK/global turnover: £51.9m/£495m
UK/global PEP: £535,000/£616,000
UK/global revenue per lawyer: £300,000/£319,000
UK revenue per partner/equity partner: £1.3m/£1.7m
Global revenue per equity partner: £2m
UK/global number of partners: 31(41)/238
UK/global number of lawyers: 173/1,552
UK number of staff: 151
UK/global leverage ratio: 1:4.5/1:5.5
UK equity partner to staff ratio: 1:4.8
Equity structure: Modified lockstep.
Billable hours targets: 1,700
Billing currency: 55 per cent sterling, 40 per cent dollar, 5 per cent euro.
Cost of living details: In 2003, six lawyers on secondment in the UK. No cost of living allowance, but US associates in London are given a package of temporary accommodation for four weeks and payment for shipment of personal effects. US partners are also offered a relocation package.
UK-based lawyer remuneration: Equity partners and some contract partners are paid in dollars. Others are paid in sterling.