The Lawyer UK 200

  • UK 200 Position: 53
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Position: 52
Firm: DWF

Turnover: £55.2m
Profit per equity partner: £350K
Earnings per partner: £144K
Equity spread: £200K-£540K
Net profit: £8.4m
Profit margin: 15 per cent
Revenue per fee-earner: £106K
Revenue per lawyer: £174K
Revenue per partner: £468K
Revenue per equity partner: £2.30m
Total number of fee-earners: 521
Total number of qualified partners: 317
Total number of partners: 118
Total number of equity partners: 24
Total number of female partners: 32
Total number of female equity partners: 3
Total number of staff: 897
Leverage ratio (equity partners/fee-earners): 01:12.2

2006-07: Insurance 4, employment 1, corporate 1, property 1
2005-06: Banking 1, administration 1
2004-05: Litigation 2, insurance 1, corporate 2, employment 3,real estate 3

2006-07: Corporate 5, insurance 20, litigation 8, employment 4, real estate 6
2005-06: 0
2004-05: Recovery 2, real estate 1

Intake as percentage of partnership: 8.3
New female partners as percentage of intake: 26
Equity structure: 23 equity partners, 61 non-equity
Practice area(s) most heavily promoted: Insurance, real estate, corporate
*Figures supplied relate to the calendar year

DWF merged with Ricksons on 1 January 2007, accounting for 40 of the lateral hires in 2006-07. The merger boosted the firm’s insurance practice by an additional 20 partners. Insurance is also a focus for internal promotions, accounting for four of the seven promotions in 2006-07. Associates in the firm’s Manchester office are mostly likely to be offered partnership, with the office scooping four internal promotions compared with Liverpool’s three.