Burges Salmon – UK 100

Turnover: £42.2m

Profit per equity partner: £335,000

Equity spread: £200,000-£400,000

Net profit: £16m

Profit margin: 38 per cent

Salaried partner remuneration: £110,000-£180,000

Revenue per lawyer: £227,000

Revenue per partner: £781,000

Revenue per equity partner: £1,029,000

Cost per lawyer: £141,000

Profit per lawyer: £86,000

No of partners: 54

No of equity partners: 41

No of female partners: Seven

No of female equity partners: Six

Total no of fee-earners (including consultants, paralegals etc): 222

Total no of fee-earners (excluding consultants, paralegals etc): 186

Total no of staff: 512

Leverage ratio: 1:3.22

Equity partner to staff ratio: 1:7.07

Fee-earner to staff ratio: 1:1.31

Financial management: Average equity partner capital contributions are £170,000.

Equity structure: 2:1 lockstep ladder with a ‘waiting room’ band of fixed-share partners.

Billable hours targets: None

Key clients: Bank of Scotland, Bristol & West, ECI Partners, FirstGroup, Milk Link, Ministry of Defence, National Trust, Nationwide Building Society.