Quite the change from last year. Wikipedia In November, Legal Week released a study about profit per equity partner (PEP), and they found that American law firms’ PEP has grown more than its … Slaughter and May has 598 attorneys and the firm placed 14th on the 2020 UK 100 ranking. He has a wealth of experience on pension design and management having been a partner at another City law firm for a decade. [16] [17] It is considered to be one of the most prestigious UK law firms, even though the salaries which it pays to junior lawyers have fallen behind competitors such as Freshfields Bruckhaus Deringer and most US law firms in London. This Biglaw Firm’s Profits Per Equity Partner Sure Took A Hit. International law firm headquartered in London, United Kingdom. I have written elsewhere about the distorted and distorting nature of PEP (net profit per equity partner). Second, net profit as a reward. Through the breadth and depth of their collective expertise and experience, we offer an outstanding service to clients who turn to us to navigate them through their greatest challenges. [2] In 2009/10 it achieved total revenues of £439.5 million and profits per equity partner of £1.84 million. Slaughter and May has 598 attorneys and the firm placed 14th on the 2020 UK 100 ranking. This summer also saw Allen & Overy announce it was gifting associates with a £20,000 increase in their base salaries as the firm incorporates bonuses into the annual pay packet. In 2014/15 it achieved total revenues of £126 million, making it the 34th-largest UK-based law firm by this measurement, and profits per equity partner of £576,000. Richard joined Slaughter and May in January 2020, and advises both employers and trustees alike on a diverse range of pension law related issues. The current financial year's trading continues this trend … In 2010/11 it achieved total revenues of £448 million and profits per equity partner of £1.93 million. Description. Slaughter and May is frequently cited as the most prestigious law firm in Britain. Next was Clifford Chance, which had turnover of £1.21bn, profit per equity partner of £1m and profit per lawyer of £131,000. Compare Setfords Solicitors to its competitors by … Slaughter and May is one of the most prestigious law firms in the world, and in 2015 earned the highest profit per equity partner (PEP) of any UK law firm. Slaughter and May is advising British cybersecurity firm Sophos Group Plc (Sophos) on an acquisition offer from US private equity firm Surf Buyer Limited (Bidco). In addition to London, it has offices in Beijing, Brussels and Hong Kong. Its varied client base includes Premiership football clubs, multinational corporations, and venture capital start-ups. Slaughter and May has approximately 560 legal advisers and 740 other staff. / May 21, 2019 at 4:48 PM. Excluding Slaughter and May (which does not publish financial results), the order of the Magic Circle in terms of revenue is: Clifford Chance, Allen & Overy, Linklaters and then Freshfields. Sandy Bhadare | 16 October, 2019 Commercial Dispute Resolution Eversheds Sutherland adds Hong Kong and Paris disputes partners It has – by far – the highest profit per equity partner of any UK firm and is frequently instructed on many of the most significant deals in the market. Slaughter and May is one of the most prestigious law firms in the world, and in 2015 earned the highest profit per equity partner (PEP) of any UK law firm. 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