Know the different types of law firms in London

 There are many types of law firms in UK and the number of these law firms are roughly 10,500. All these firms provide different experience and different law services. Here we are going to tell you about some of the law firms in London.

Magic Circle: London

To those who believes in bigger is better, this is the right place as the membership of this club includes Allen & Overy, Clifford Chance, Freshfields Bruckhaus Deringer, Linklaters, and Slaughter and May. These magic circle firms specially deal into corporate and finance with big budget clients. These firms organize their training on a really large scale and offer great perks, overseas posting and excellent training sessions.

Getting trained in magic circle can be a solid milestone into your CV but consider that working hours are so long and training here needs a really hard work. Apart from the real magic is keep the international clients happy to ensure the big profit and fat amount.

Large Scale or Silver Circle: London

The name first appeared in 2005 in response to pre-existing phrase ‘’magic circle” to address the top five law firms in London in the UK. The name ‘silver circle denotes a band of lawyers of firms who stands right below the “magic circle” when it is talked about the turnover but considerably higher profit per equity partner than the other firms in nation’s legal market. These firms have international outlook and great overseas network. These firms are considered as London cantered firms too. The firms that are seen into the silver circle membership are Ashurst, Bryan Cave Leighton Paisner, Herbert Smith Freehills, Macfarlanes, Travers Smith

If you are planning to get train in silver circle, what to expect?

Although the silver circle firms are a different from each other but still they have some commonalities like they could provide you the same quality of work as they do in magic circle but if you think that the atmosphere al so will be same the magic circle its wrong.  So, the silver circle trainees could experience the long and grueling hours. In some of the firms you might encounter the standard timings but most of the trainees know that if you are expecting to leave daily at 5pm you are at wrong place. The transactional work is very unpredictable and some times you would have to stay back till late like 1 or 2 am.

Mid-Sized commercial: London

Just like the other bigger names in the legal industry, these law firms in London are dedicate to business law and business clients. These mid-sized law firms usually don’t required trainees for the unnecessary long hours at office but some of the most successful mid sizers make the boys run for their money in terms of productivity. Unlike the magic circle and silver circle law firms the size of the cases and deals in the mid-sized law firms means that trainees have a lot more to do than just doing the administrative tasks. In these firms you have more chances to standout in the group of trainees but you should not expect any international kind of stress on the work style.

Smaller commercial: London

There are many small-scale law firms around London. At these firms real estate is a big deal with other commercial services. A good number of firms offer private client services to the richer people. Although these firms provide full service but still some of them have strongly specialized with a particular service area. The benefit of working with these firms are like you get a great exposure to the partners and there is no risk of loosing contact to the world outside.