Profit per equity partner: £450,000
Equity spread: £240,000-£540,000
Net profit: £1.8m
Profit margin: 12 per cent
Salaried partner remuneration: N/A
Revenue per lawyer: £306,000
Revenue per partner: £937,000
Revenue per equity partner: £3,750,000
Cost per lawyer: £269,000
Profit per lawyer: £38,000
No of partners: 16
No of equity partners: Four
No of female partners: Seven
No of female equity partners: Two
Total no of fee-earners (including consultants, paralegals etc): 65
Total no of fee-earners (excluding consultants, paralegals etc): 49
Total no of staff: 90
Leverage ratio: 1:8.25
Equity partner to staff ratio: 1:6.25
Fee-earner to staff ratio: 1:0.38
Financial management: WIP 40 days, average debtors 135. Average fixed-capital contribution for equity partners is £150,000.
Equity structure: Modified lockstep.
Billable hours targets: Varies by practice group from 800-1,400 hours.
Key clients: PricewaterhouseCoopers.