Latest Briefings

Sending in the bailiffs… no longer an option for landlords

On 15 September 2020, the government announced further measures to protect commercial tenants from recovery action by restricting the ability of landlords to recover unpaid rent by utilising the Commercial Rent Arrears Recovery process (“CRAR”).

What price do you put on the environment?

The pandemic has challenged a lot of the ways we do things, and large scale on-site catering has been subject to more change than most. For some, this has meant the logistical challenge of delivering meals to residents at a distance from a central kitchen, and alongside the physical distribution, this has brought about the need to procure packaging for hot meals.

SMAs – a phoenix from the flames of Covid-19?

One of the consequences of the slowdown in fundraising caused by the recent pandemic seems to have been an increase in the use of Separately Managed Accounts as investment vehicles.

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Radcliffes LeBrasseur – UK 100

Turnover: £19.2m Profit per equity partner: £100,000 Equity spread: £78,000-£120,000 Net profit: £2.1m Profit margin: 11 per cent Salaried partner remuneration: £80,000 Revenue per lawyer: £183,000 Revenue per partner: £400,000 Revenue per equity partner: £914,000 Cost per lawyer: £163,000 Profit per lawyer: £20,000 No of partners: 48 No of equity partners: 21 No of female […]

Charles Russell – UK 100

Turnover: £44.6m Profit per equity partner: £265,000 Equity spread: £145,000-£285,000 Net profit: £13.2m Profit margin: 30 per cent Salaried partner remuneration: £90,000-£120,000 Revenue per lawyer: £241,000 Revenue per partner: £572,000 Revenue per equity partner: £970,000 Cost per lawyer: £170,000 Profit per lawyer: £71,000 No of partners: 78 No of equity partners: 46 No of female […]

Milbank Tweed Hadley & McCloy – UK 100

UK/global turnover: £21m/£244m UK/global PEP: £764,000/£1.1m UK/global revenue per lawyer: £553,000/£539,000 UK revenue per partner/equity partner: £1.9m/£1.9m Global revenue per equity partner: £2.4m UK/global number of partners: 11/103 UK/global number of lawyers: 38/453 UK number of staff: 24 UK/global leverage ratio: 1:2.4/1:3.3 UK equity partner to staff ratio: 1:2.1 Equity structure: Modified lockstep. Range stretches […]

7 Bedford Row – UK 100

Turnover: £14m Head of chambers: David Farrer QC Tenants (silks): 69 (17) Chambers contributions: 15 per cent Revenue per barrister: £218,000 Top cases last year: Soham Murders; Skidmore re: Dartford & Gravesham NHS Trust – Employment case (House of Lords); Barlavington Manor v London Borough of Southwark & the Royal Borough of Kensington – child […]

Shoosmiths – UK 100

Turnover: £54.6m 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 […]

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