Profit per equity partner: £285,000
Equity spread: £205,000-£520,000
Net profit: £4.2m
Profit margin: 26 per cent
Salaried partner remuneration: N/A
Revenue per lawyer: £268,000
Revenue per partner: £555,000
Revenue per equity partner: £1,238,000
Cost per lawyer: £198,000
Profit per lawyer: £70,000
No of partners: 29
No of equity partners: 13
No of female partners: Five
No of female equity partners: None
Total no of fee-earners (including consultants, paralegals etc): 75
Total no of fee-earners (excluding consultants, paralegals etc): 60
Total no of staff: 171
Leverage ratio: 1:2.38
Equity partner to staff ratio: 1:7.38
Fee-earner to staff ratio: 1:1.28
Financial management: No overdraft. On FRS5, the firm says it has always had a prudent approach to WIP and so is accounting on the same basis as it has in the past.
Equity structure: Merit.
Billable hours targets: 1,250
Key clients: Dow Jones, Fairview New Homes, Littlewoods Investment Group, Toshiba.