Law Firms
Silver circle law firms
Despite what its name suggests, the silver circle isn't a top-secret band of superheroes or what folks used to call the 10p coin back in the day. Instead, it refers to a very specific group of law firms born in the UK. Read on to learn more about what sets this group apart from the rest of the legal market.
You may have heard of an elite group of firms called the 'silver circle'. But what is it?
The term 'silver circle' implies there should be a golden shape before it. There isn't. The name first appeared in 2005 and was thought up by The Lawyer in response to the pre-existing phrase 'magic circle', used to describe the five leading firms headquartered in the UK. In essence, the silver circle refers to the band of firms that fall just below the magic circle when it comes to turnover, but post considerably higher profit per equity partner (PEP) and revenue per lawyer (RPL) averages than the rest of the nation's legal market. These are all traditionally considered to be London-centred firms too, though most of them have an international outlook and network of overseas offices.
The firms generally seen as members of the silver circle are:
Where to next?
See the other types of firm
Compare firms across all the different category types.
See how they rank
Trainee satisfaction results across culture, pay, hours and more.
Search firms
Find and compare every firm we cover in our research.