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"Magic Circle" was an informal term coined in the 1990s describing the five most prestigious London-headquartered multinational law firms, which generally outperformed the rest of the London law firms on profitability.The term has also been used to describe the most prestigious barristers' chambers in London. All of the 'Magic Circle' law firms and barristers' chambers specialise primarily in ...
The Magic Circle law firms are a group of highly prestigious, corporate-focused law firms based in London which attract a huge number of solicitor applications each year. There are certainly pros and cons, but they are undoubtedly an excellent place for any aspiring solicitor to start their career.
Initially coined in the early 1990s, the Magic Circle is a collective term used to describe what many consider to be the leading UK-headquartered law firms - Allen & Overy, Clifford Chance, Freshfields, Linklaters and Slaughter and May. The highly esteemed quintet are renowned for their pedigree in the most complex and high- profile mandates ...
For non-Magic Circle firms, this factor was in the top three for only 5% of associates. Alexis says that international secondments, even at Magic Circle firms, are on an as-needed basis, so associates joining a Magic Circle firm in the U.S. shouldn’t expect to easily spend the summer months working out of the Paris office.
The Magic Circle law firms have been an asset in the legal world due to their expertise, global reach, and influence on major legal and business matters. They set industry standards, attract top ...
The youngest firm in the circle, founded in 1987, when Clifford Turner merged with Coward Chance, Clifford Chance not only was the first of the magic circle to practise US law but became the world’s first international law firm, merging with the German Punder Volhard Weber & Axter and New York’s Rogers & Wells.
The influx of US rivals has had a profound effect on how the UK’s traditional “magic circle” law firms — names such as Linklaters, Freshfields Bruckhaus Deringer, Clifford Chance and A&O ...
The Economist labelled the magic circle a group of 'posh London law firms', but we reckon you need a more helpful definition than that. The name, make-up and size of London's most elite group of firms has gone through several iterations since the 1990s (at one point it was called the ' club of nine ' and included Stephenson Harwood , Lovells ...
"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.
The firm specialises in corporate law, M&A, and financial regulation. It has more FTSE 100 clients than any other firm. Unlike other Magic Circle firms, Slaughter and May maintains a more selective international presence. The firm has fewer overseas offices, choosing instead to work closely with a network of leading law firms worldwide.