Disputes boutique Signature Litigation has seen revenue soar by 36% to £10.2m for the 2015/16 financial year, and continues invest in lateral hiring with Bryan Cave litigation partner, Ioannis Alexopoulos.
The firm’s gross profit margin stands at roughly 50% and under its profit sharing scheme, it gives away around 10% to all staff members at the firm. Under Signature’s profit sharing structure economic ownership is transferred away from the traditional equity partner model towards a direct and fixed participation of all members of the firm. Every pound of profit is split according to fixed and non-discretionary formula. The firm’s 2015/16 profit share of 34.3% to all members of the firm, is a significant increase on the previous year’s payment of 20.4%.
