Sentences with phrase «average equity partner»

Average equity partner capital also rose, by seven per cent to # 135,191.

Average equity partner utilization has cratered from an average of 1,738 across 2002 to 2007 to 1,598 in 2014 (9 months annualized), according to the Citi 2015 Client Advisory.

Translate that into dollars and the average equity partner in the magic circle practice is taking home a shade under $ 3m, an increase of 50 % on last year.

Even more important, it disclosed average equity partner earnings for each.

Not exact matches

Including the general partner's money in the average net returns can inflate the fund's average net performance figure, and the SEC is investigating whether private equity fund managers properly disclose whether they are doing that or not, the sources said.

... Even by the standards of Apollo, one of the world's largest private equity firms, the previously unreported transaction with the Kushners was a big deal: It was triple the size of the average property loan made by Apollo's real estate lending arm... An even larger loan came from Citigroup, which lent the firm and one of its partners $ 325 million to help finance a group of office buildings in Brooklyn.

«That same system has resulted in the median compensation of our male and female equity partners being identical and the averages being close to identical (94 percent) before considering other factors like specialty or experience.»

Remarkably, the typical female equity partner currently earns approximately 80 % of what a typical male partner earns — despite exceeding the average total hours billed by male partners.

Data from Legal Week «s UK Top 50 and The American Lawyer «s Global 100 rankings shows that the 10 largest UK firms by revenue have increased profit per equity partner (PEP) by an average of 15.7 % during the last five years, compared with 24.7 % across the 10 largest US firms.

Burges Salmon has announced that it hit record revenue and average profit per equity partner (PEP) levels in the last financial year.

Bond Dickinson's average profit per equity partner (PEP) has dropped 4 % from # 275,000 to # 265,000, as turnover remained flat at # 104m for 2016 - 17.

In 2016, the average income per equity partner in larger firms jumped to nearly # 1.4 million, from around # 750,000 in the previous two years.

In 2007, the average equity partnership grew by 2.6 percent — or roughly five partners per firm.

Working Mother and Flex Time Lawyers said that, «Female representation is lower at partner levels than in less senior roles; however, Best Law Firms, on average, employ more female equity partners (20 %) than the national average (18 %).»

The firm saw revenue climb 2.3 % to # 1.31 bn from last year's figure of # 1.28 bn, while average profit per equity partner (PEP) remained stable at # 1.21 m.

The 2018 Am Law 100, which looks at numbers from 2017, reports that gross revenue grew 5.5 percent on average, net income increased by 6.1 percent, profit per equity partner grew by 6.3 percent, revenue per lawyer moved up 3.2 percent, and headcount rose 2.2 percent.

And average profits per equity partner rose 4.9 %, to nearly $ 1.6 m (# 1.2 m).

Stephenson Harwood's average profit per equity partner (PEP) fell 8.5 % to # 708,000 in 2016 - 17, with the dip coming against an 11 % rise in revenue to # 176m.

DLA Piper has posted a double digit increase in net profit to a record high of $ 667m (# 404m), while average profits per equity partner rose 12.5 % to $ 1.49 m (# 903,000), also a record high.

While revenue dipped, average profit per equity partner (PEP) grew by 4 % during the same period, to # 683,000 from # 659,000.

They essentially have significantly higher profits per equity partner figures than the UK average.

Braithwaite has overseen a solid period of growth during his ten - year tenure as managing partner with the firm recording a 14 % rise in average profits per equity partner last year to hit # 366,000, with the firm's fee income standing at # 56m.

Law firms» bank debts have jumped 36 % in the past year, from an average of # 28,000 to # 38,000 per equity partner, as the profession targets growth, says Hazlewoods, Chartered Accountants and Business Advisers who specialise in the legal profession.

The firm's accounts for the year to 30 April 2016 show non-US turnover rising from # 591m in 2014 - 15 to # 638m, with PEP up from # 698,000 to # 879,000 as the average number of equity partners fell from 210 to 205.

Macfarlanes this week (24 June) reported that, while turnover jumped by 4.5 % to a new high of # 110m, its profits remained almost static, falling slightly from average profits per equity partner (PEP) of # 1.125 m last year to # 1.1 m.

Dickinson Dees saw average profits per equity partner (PEP) drop by more than 10 % during 2007 - 08, the firm's limited liability partnership (LLP) accounts have revealed.

Meanwhile, average profits per equity partner dropped slightly by 1 % to # 300,000, down from # 303,000 in 2006 - 07.

Average profits per equity partner (PEP) have also steadily crept back to levels approaching 2007 - 08 ′ s record high of # 616,000.

Average profits per equity partner (PEP) at the northeast firm hit # 366,000, a 14 % rise on last year's mark of # 321,000.

If you follow the legal media, one of the biggest stories so far this year was when the major law firm, Dentons, announced it was no longer reporting average profits per equity partner, saying that it was a meaningless statistic for a firm that operates in so many global jurisdictions.

Magic Circle law firm Clifford Chance LLP LLP saw average profits per equity partner drop 37 % to # 733,000 ($ 1.2 million) in the...

Reed Smith has posted a 7 % rise in global revenue for 2014, while average profits per equity partner (PEP) have increased by 6 %.

Despite this continued drop in income, average profits per equity partner (PEP) rose slightly in 2010, climbing to $ 2.4 m (# 1.5 m).

Profits rose on average by 8 %, and median profit per equity partner rose # 20,000 on last year's report to # 107,000.

Braithwaite has overseen a solid period of growth during his tenure as managing partner with the firm recording a 14 % rise in average profits per equity partner last year to hit # 366,000, with the firm's fee income standing at # 56m.

Cuts will come across the board, impacting both senior equity partners, who earned an average of # 1.1 million last year, as well as younger partners promoted more recently during boom years.

In the year to 30 April, Gowling WLG's UK arm saw revenues increase by 2 % to # 184.7 m. Average profit per equity partner has also risen by 2 %, to # 379,000.

But that average gain of 1.2 %, coupled with similar increases in revenue per lawyer and profits per equity partner, masked some weakness in many firms» results.

Specialist litigation firm Stewarts Law has posted a 30 % jump in average profit per equity partner (PEP) to # 2m for the 2016 - 17 year.

Average profits per equity partner at Maclays now stands at # 315,000 - a 15 % increase on the # 275,000 recorded last year, when the firm released its full annual results for the first time.

Maclays also demonstrated further growth in its 2006 - 07 results with average profits per equity partner breaking the # 300k barrier, rising by 15 % from # 275,000 last year to # 315,000 this year, while Brodies announced a turnover rise of 43 % to # 30m and gross profits up 33 % to # 11.6 m.

But intensive cost - cutting measures and 20 fewer equity partners helped to mitigate the effect on average profits earned by equity partners.

Insurance and shipping firms have once again outpaced the UK top 50, with the firms seeing both revenues and profits per equity partner (PEP) increase by an average of 10.3 %.

Clyde & Co, Holman Fenwick Willan, Kennedys, Watson Farley & Williams, Ince & Co and Berrymans Lace Mawer all saw profits per equity partner (PEP) fall by between 2 % and 15 % during 2011 - 12, against an average increase in turnover of 12.6 %.

Dentons has opted to stop reporting average profits per equity partner, citing the metric as «meaningless» for a global firm, and claiming it could be potentially damaging to client relations.

By contrast, equity partners earned an average of $ 1.8 million last year.

2010 average profits per equity partner should have been $ 980,000, not $ 1,605,000 as reported by the firm last year.

Women equity partners earn an average of $ 66,000 less than their male counterparts, while income partners average $ 25,000 less, according to New Millennium, Same Glass Ceiling?

«It is troubling that women make up the large majority of staff attorneys — those lawyers in the lowest echelon of law firms — at the same time they make up a static minority (on average 17 %) of equity partners in BigLaw.»

the average percentage of women within the top half of U.S. equity partners in terms of compensation was 17 percent