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: £88.8m Profit per equity partner: £357K Earnings per partner: £262K Equity spread: £200K-£600K Net profit: £19m Profit margin: 21 per cent Revenue per fee-earner: £249K Revenue per lawyer: £329K Revenue per partner: £822K Revenue per equity partner: £1.68m Total number of fee-earners: 356 Total number of qualified partners: 270 Total number of partners: 108 Total number of equity partners: 53 Total number of female partners: 30 Total number of female equity partners: 15 Total number of staff: 681 Leverage ratio (equity partners/fee-earners): 1:4.1
Intake as percentage of partnership: 10.5 New female partners as percentage of intake: 20 Firms recruited from:Bryan Cave, Eversheds, LeBoeuf Lamb Greene & MacRae Equity structure: 51 equity partners, 44 non-equity Practice area(s) most heavily promoted: Wealth planning, litigation
*Figures supplied relate to the calendar year
Withers’ most promising department for promotions is its private client group. In three years 12 out of the firm’s 17 internal appointments were in wealth planning and the sector saw eight lateral hires. Litigation has also fared well with three promotions in three years. Withers has made four laterals in each of the last three years, while promotions have varied between four and seven.