Profit per equity partner: £234,000
Equity spread: £184,000-£326,000
Net profit: £8m
Profit margin: 15 per cent
Salaried partner remuneration: £65,000-£120,000
Revenue per lawyer: £246,000
Revenue per partner: £840,000
Revenue per equity partner: £1,606,000
Cost per lawyer: £210,000
Profit per lawyer: £36,000
No of partners: 65
No of equity partners: 34
No of female partners: 22
No of female equity partners: Six
Total no of fee-earners (including consultants, paralegals etc): 514
Total no of fee-earners (excluding consultants, paralegals etc): 222
Total no of staff: 1,158
Leverage ratio: 1:4.62
Equity partner to staff ratio: 1:18.94
Fee-earner to staff ratio: 1:1.25
Financial management: Average WIP is £8.8m and average debtors is 31 days.Average fixed capital contribution for an equity partner is £90,000.
Equity structure: Modified lockstep with with five years to parity and around a 25 per cent merit pool.
Billable hours targets: 800-1,100
Key clients: Bang & Olufsen, British Gypsum, HJ Heinz, WH Smith.