Turnover (£m): 8.7
RPL (£k): 335
Turnover fell by 13 per cent at East Midlands firm Flint Bishop, with the revenue stream from run-off insurance work dating back to 2007-08 finally coming to an end.
The firm has moved to reposition itself in the past couple of years, with its high exposure to the property market proving problematic during the recession. As a result it has built a strong licensing practice that now accounts for 10 per cent of total turnover. Personal injury is also a major focus.
Flint Bishop has just six equity partners, so it can manage by consensus, although it does have a managing partner in Ken Dixon and a senior partner in Ian Beardmore.
All six equity partners receive an equal share of profit, although their 2010-11 shares of £205,000 were retained by the business, with only monthly drawings being paid out.