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 partners: 22

No of female equity partners: Six

Total no of fee-earners (including consultants, paralegals etc): 514

Total no of fee-earners (excluding consultants, paralegals etc): 222

Total no of staff: 1,158

Leverage ratio: 1:4.62

Equity partner to staff ratio: 1:18.94

Fee-earner to staff ratio: 1:1.25

Financial management: Average WIP is £8.8m and average debtors is 31 days.Average fixed capital contribution for an equity partner is £90,000.

Equity structure: Modified lockstep with with five years to parity and around a 25 per cent merit pool.

Billable hours targets: 800-1,100

Key clients: Bang & Olufsen, British Gypsum, HJ Heinz, WH Smith.