Addleshaw Goddard – UK 100

Turnover: £125.2m

Profit per equity partner: £321,000

Equity spread: £130,000-£456,000

Net profit: £34.7m

Profit margin: 28 per cent

Salaried partner remuneration: £162,000 (average, including up to 40 per cent bonus)

Revenue per lawyer: £244,000

Revenue per partner: £741,000

Revenue per equity partner: £1,159,000

Cost per lawyer: £176,000

Profit per lawyer: £68,000

No of partners: 169

No of equity partners: 108

No of female partners: 28

No of female equity partners: 13

Total no of fee-earners (inc. consultants, paralegals etc): 710

Total no of fee-earners (excluding consultants, paralegals etc): 514

Total no of staff: 1,206

Leverage ratio: 1:3.19

Equity partner to staff ratio: 1:4.59

Fee-earner to staff ratio: 1:0.7

Financial management: Lockup target 120 days, achieved 102 days (average WIP 31 days, average debtors 71). Average fixed capital contribution for an equity partner £200,000.

Equity structure: Modified lockstep with four steps, after which remuneration is merit-based.

Billable hours targets: Associates 1,450, partners 1,100.

Key clients: Associated British Foods, British Airways, BT Group, Capita Group, Datamonitor, Kingfisher, Newcastle United, PIPEX, Royal Doulton, Trinity Mirror, Woolworths.