Latest Briefings

FCA test case ruling – welcome news for businesses

The High Court has handed down the long-awaited judgment in the coronavirus business interruption insurance test case brought by the FCA. Whilst the judgment may be appealed by the insurers, it is a very positive outcome for most businesses.

Can SECR fill the void where ESOS failed?

Whilst Streamlined Energy & Carbon Reporting (SECR) could be seen at first glance as a watered down ESOS without the site audits, it has the ability to deliver a wide range of energy efficiency and carbon reduction measures for organisations for years to come in a way that ESOS alone will never achieve.

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Herbert Smith – UK 100

Turnover: £243m Profit per equity partner: £700,000 Equity spread: £327,000-£760,000 Net profit: £78m Profit margin: 32 per cent Salaried partner remuneration: £170,000 Revenue per lawyer: £290,000 Revenue per partner: £1,227,000 Revenue per equity partner: £2,189,000 Cost per lawyer: £197,000 Profit per lawyer: £93,000 No of partners: 198 No of equity partners: 111 No of female […]

Lovells – UK 100

Turnover: £377m Profit per equity partner: £590,000 Equity spread: £254,000-£635,000 (plus up to £125,000 in bonuses and allowances for London partners living abroad). Net profit: £150.4m Profit margin: 40 per cent Salaried partner remuneration: £160,000 Revenue per lawyer: £327,000 Revenue per partner: £1,132,000 Revenue per equity partner: £1,478,000 Cost per lawyer: £197,000 Profit per lawyer: […]

Warner Goodman & Streat – Rising 50 – 2005

Turnover: £9.02m Revenue per partner: £530,600 Revenue per lawyer: £167,000 Total number of partners: 17 Total number of fee-earners: 97 Total number of fee-earners (excluding consultants, paralegals, trainees etc): 54 Total number of support staff: 160 Offices: Fareham, Park Gate, Portsmouth, Southampton, Waterlooville Equity structure: Partners are initially fixed-share, then equal shares on full equity […]

Dutch justice minister touts Clementi-style legal review

Dutch firms face penalties for lawyers’ behaviour; bar to check service quality – Piet Hein Donner, Minister of Justice for the Netherlands Is one of Europe’s least regulated legal professions about to be subject to its very own version of the Clementi Review? This will be the case if the Netherlands’ Minister of Justice Piet Hein Donner gets his way. During […]

Harvey Ingram Owston – Rising 50 – 2005

Turnover: £10.1m Revenue per partner: £348,300 Revenue per lawyer: £142,300 Total number of partners: 29 Total number of fee-earners: 106 Total number of fee-earners (excluding consultants, paralegals, trainees etc): 71 Total number of support staff: 108 Offices: Birmingham, Leicester Equity structure: Merit Core business: Full service Clients: BSS Group, Everards Brewery, Shoe Zone, Stead & […]

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