Wragge & Co


The Lawyer UK 200

  • UK 200 Position: 25
  • UK 200 …



Position: 25 =
Firm: Wragge & Co

Turnover: £125.6m
Profit per equity partner: £483K
Earnings per partner: £451K
Equity spread: £166K-£778K
Net profit: £51m
Profit margin: 41 per cent
Revenue per fee-earner: £194K
Revenue per lawyer: £289K
Revenue per partner: £1,112K
Revenue per equity partner: £1.11m
Total number of fee-earners: 648
Total number of qualified partners: 434
Total number of partners: 113
Total number of equity partners: 113
Total number of female partners: 19
Total number of female equity partners: 19
Total number of staff: 1,188
Leverage ratio (equity partners/fee-earners): 1:2.8



INTERNAL PROMOTIONS
2006-07: Real estate 2, employment 2, dispute resolution 1, private equity 1
2005-06: Project finance 2, employment 1
2004-05: Real estate 1

LATERALS
2006-07: Project finance 1
2005-06: Project finance 2, dispute resolution 1
2004-05: Project finance 1

Intake as percentage of partnership: 6.4
New female partners as percentage of intake: 28.6
Firms recruited from: Allen & Overy, CMS Cameron McKenna, Eversheds, Pinsent Masons, SJ Berwin
Equity structure: 110 equity partners
Practice area(s) most heavily promoted: Project finance, property
*Figures supplied relate to the calendar year

Partnership prospects improved in 2006-07 at Wragge & Co with six lawyers made up compared with three the previous year. Real estate and employment scooped two apiece.
This compared with one lateral into the project finance team, which also received three other hires in the two preceding years. The firm introduced a director level in between associate and partner in 2005 as an alternative career path, a scheme so far taken up by nine lawyers.

  • Web: www.wragge.com/graduate
  • Telephone: 0800 096 9610
  • Fax:
  • No. of Trainees: 30
  • No. of Trainee Vacancies: 30
  • Training contract application deadline: 31-Jul-08
  • Selection
    • Individual interview: Yes
    • Panel interview: No
    • Assessment day: Yes
    • Psychometric test: No
    • Written exercise: No
  • No. of Seats: 4
  • Opportunities Abroad: No
  • Vacation Schemes
    • No. placements: 40-50
    • Summer vacation scheme application deadline: 31-Jan-08
  • GDL/CPE Intake: Approx 50%
  • GDL/CPE funding
    • Fees: Yes
    • Maintenance: £5,500
  • LPC funding
    • Fees: Yes
    • Maintenance: £5,500
  • Salary/benefits
    • Start: £25,000
    • Qualification: £40,000 (Birmingham)/£62,000 (London)
    • Season ticket loan: No
    • Healthcare: Yes
    • Pension scheme: Yes
    • Life assurance: Yes
    • Bonus scheme: Yes
    • Gym membership: No
    • Subsidised lunch: No
    • Free taxis after hours: Yes