Profits per equity partner: £285,000
Equity spread: £134,000-£464,000
Net profit: £17.7m
Profit margin: 38 per cent
Salaried partner remuneration: No salaried partners.
Revenue per lawyer: £219,000
Revenue per partner: £797,000
Revenue per equity partner: £797,000
Cost per lawyer: £136,000
Profit per lawyer: £82,000
No of partners: 59
No of equity partners: 59
No of female partners: 18
No of female equity partners: 18
Total no of fee-earners (including consultants, paralegals etc): 244
Total no of fee-earners (excluding consultants, paralegals etc): 215
Total no of staff: 453
Leverage ratio: 1:2.64
Equity partner to staff ratio: 1:3.54
Fee-earner to staff ratio: 1:0.86
Financial management: Average lockup 140 days.
Equity structure: Modified lockstep with ‘landings’, where progression up the ladder can stop.
Billable hours targets: 1,450 assistants and partners.
Key clients: Associated Newspapers, AstraZeneca, Brit Insurance, Carillion, Faraday, Hiscox, HMV, NHS Litigation Authority, WS Atkins, XL Capital.