Turnover (£m): 14.7
RPL (£k): 199

London firm Bates Wells & Braithwaite, which shares a name but is financially separate from its smaller namesakes in Ipswich and Sudbury, had a relatively stable year, with turnover ­dipping from £15m in 2009-10 to £14.7m.

The firm did not report its average profit per equity partner figure, but the total profit ­available for all partners was just below £4.1m.

Bates Wells operates a pure seven-year ­lockstep for its 13 equity partners. It also has a further 14 non-equity partners.

The focus for the firm last year was to ­develop the corporate team, diversifying away from its core charity and not-for-profit sector work. Fox Williams partner Mark Tasker was recruited in August to head the corporate team.

Around 20 per cent of revenue is derived from corporate clients, with a similar ­proportion attributable to private client and not-for-profit organisations and the rest ­derived from charities.