Profit per equity partner: £200,000
Equity spread: £150,000-£300,000
Net profit: £5.5m
Profit margin: 25 per cent
Salaried partner remuneration: £65,000
Revenue per lawyer: £188,000
Revenue per partner: £349,000
Revenue per equity partner: £1,158,000
Cost per lawyer: £141,000
Profit per lawyer: £47,000
No of partners: 63
No of equity partners: 19
No of female partners: Nine
No of female equity partners: One
Total no of fee-earners (including consultants, paralegals etc): 117
Total no of fee-earners (excluding consultants, paralegals etc): 106
Total no of staff: 269
Leverage ratio: 1:2.84
Equity partner to staff ratio: 1:8.58
Fee-earner to staff ratio: 1:1.54
Financial management: Lockup target 120-150 days, achieved 149 days (average WIP 69 days, average debtor days 80). Average equity partner capital contributions £210,000.
Equity structure: Merit-based.
Billable hours targets: 1,150.
Key clients: Abbey, Ask Central, Edwardian Group, ING Real Estate Development.