LAW firm Hill Dickinson's partners – known as members – were eligible for an average profit share of £234,000 each last year, according to accounts filed at Companies House.
There were 78 members of the limited liability partnership (LLP) entitled to a share of £7.9m in remuneration and £10.4m in discretionary profits.
The highest rewarded partner received £403,000 while the remaining 820 employees in the firm were paid £26.7m in salaries at an average of £32,500.
The law firm generated £68m in fee income, a rise of 31%, and recorded a profit of £16.4m, up from £11.2m.
Under LLP rules, the members are self-employed and responsible for their own tax returns.
The directors' report states: "The overall policy is to distribute the majority of planned profits during the financial year to which they relate by means of monthly payments.
"Such drawings are set at a level which takes into account financial performance and the need to maintain sufficient working capital and other needs.
"Drawings made on account of profits are charged as an expense. Profits which are unal- located at the balance sheet date are shown as other reserves."
The growth in income was helped by the merger with Hill Taylor Dickinson in 2006, which made the LLP’s marine practice one of the largest in the UK.
The practice, which encompasses shipping, yachts, cargo and freight, has contributed considerable business over the past year with an increase in revenues of 17%.
Hill Dickinson, with main offices in Liverpool and Manchester, had 898 staff and members in the year to April, 2007.
Since then, the company has moved from Derby Square to the new development at St Paul's Square.