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Aspiring solicitors in the UK will often consider the five Magic Circle law firms – admired for their high salaries, quality of training and cutting-edge work. This article examines the key facts and training opportunities.
The term 'magic circle' was first coined by legal journalists in the late 1990s, and for the past 15 years it has consisted of a distinct group of five: A&O Shearman, Clifford Chance, Freshfields, Linklaters, and Slaughter and May. What sets these firms apart from the rest of the UK legal market?
Magic Circle" is an informal term describing the five most prestigious London-headquartered multinational law firms, which generally outperform the rest of the London law firms on profitability. The term has also been used to describe the most prestigious barristers' chambers in London.
- History of Silver Circle Law Firms
- Which Firms Are in The Silver Circle?
- Working at A Silver Circle Law Firm
- The Future of The Silver Circle
To understand the Silver Circle, we must first look at the Magic Circle. First used by journalists in the 1990s, Magic Circle was an informal term used to refer to the highest performing firms in London. These firms have the highest earnings, are industry leaders in financial and corporate work, and have a huge international presence. The Silver Ci...
Identifying the firms which belong to the Silver Circle isn’t as straightforward as you might think. When the Silver Circle was first created in 2005 it was designed to be a select group of firms, but the boundaries have become diluted over time. The numerous factors involved in defining a Silver Circle firm make the list fluid and open to interpre...
Working at a Silver Circle law firm will be demanding, though perhaps not as demanding as working for a Magic Circle firm. Often, Silver Circle firms will take a more progressive approach to employment. You’ll likely still work long hours, and you’ll have to maintain a high level of professionalism, but with a greater work/life balance not always p...
The classification for Silver Circle firms is problematic. Many firms, including those who are often considered to belong to the Silver Circle, find the term harmful. Silver Circle firms are often viewed as inferior to those within the Magic Circle. Though this was never intended when the list was first created, it is at times perceived this way. I...
Jul 22, 2024 · In the first of a four-part series, Andy Poole outlines what your top considerations should be when starting a law firm
Oct 7, 2024 · Contact an Attorney: The moment you become aware of an investigation, it’s crucial to hire a seasoned criminal defense attorney. They will guide you through the legal process, protect your rights, and advocate for your interests. 3. Cooperate Within Legal Limits: While it’s generally best to stay silent without your attorney present, you ...
Womble Bond Dickinson is a transatlantic law firm formed in 2017 as a result of a merger between UK-based Bond Dickinson LLP and US-based Womble Carlyle Sandridge & Rice, LLP. The combination followed a strategic alliance announcement made in 2016. [2]
