The Lawyer UK 200

  • UK 200 Position: 79
  • UK 200 Shar…

Position: 70
Firm: Brodies

Turnover: £37m
Profit per equity partner: £408K
Earnings per partner: £291K
Equity spread: £230K-£500K
Net profit: £12.5m
Profit margin: 34 per cent
Revenue per fee-earner: £147K
Revenue per lawyer: £178K
Revenue per partner: £712K
Revenue per equity partner: £1.21m
Total number of fee-earners: 251
Total number of qualified partners: 207
Total number of partners: 52
Total number of equity partners: 31
Total number of female partners: 9
Total number of female equity partners: 4
Total number of staff: 440
Leverage ratio (equity partners/fee-earners): 1:5.8

2006-07: Banking 1, real estate 2
2005-06: 0
2004-05: Employment 1, litigation 1

2006-07: 7 (from takeover of Bishops Solicitors), corporate 1
2005-06: Employment 1, real estate 4
2004-05: Corporate 1

Intake as percentage of partnership: 22.9
New female partners as percentage of intake: 27.3
Equity structure: 31 equity partners, 17 non-equity
Practice area(s) most heavily promoted: Real estate
*Figures supplied relate to the calendar year

Edinburgh-based Brodies went from strength to strength in 2006-07 following its second law firm takeover. A seven-partner team joined from Bishops Solicitors in August 2006, shortly after the arrival of four partners from commercial property firm Fyfe Ireland in November 2005. The takeovers compound the firm’s focus on external recruitment, with only three internal promotions in 2006-07 and none the previous year. The extra firepower has been shared evenly between the Glasgow and Edinburgh offices, with the real estate group gaining the most.