Keystone operates a ‘flat’ structure in which all lawyers are subject to the same remuneration arrangements and support, no matter what their billings. The 15% client origination fee is fixed, leading to a lack of politics and a sense of fairness and equality across the firm. This engenders the spirit of collegiality and collaboration, which we believe makes Keystone unique among law firms today.
Keystone retains 25% from which it provides the award-winning support and infrastructure.
Keystone lawyers are self-employed and contract with the firm via a service company. This means they are responsible for their own tax matters and structuring, which allows for significant tax efficiencies.
Keystone lawyers have complete freedom to set their own rates and negotiate charging structures that work for their clients and them, without interference from management. Our lawyers are also free from firm-mandated billing targets.
Our lawyers have average headline rates of £500 to £700 an hour; those operating in regional markets have headline rates in line with their markets.