The Silver Circle firms are a group of prominent law firms in the United Kingdom that are generally smaller in size and less profitable than Magic Circle firms. While there is no fixed definition or set criteria for being part of the Silver Circle, the term generally encompasses several law firms that are known for their high-quality legal services, strong client base, and significant presence in the legal market. The specific composition of the Silver Circle may vary over time, but some firms commonly associated with this group include:
Ashurst
Ashurst is an international law firm that traces its roots back to the establishment of Ashurst Morris Crisp in London in 1822. The firm has a long history of providing legal services to a wide range of clients, including multinational corporations, financial institutions, and governments. Ashurst is known for its expertise in areas such as corporate law, finance, infrastructure, energy, and dispute resolution. Over the years, Ashurst has expanded its presence globally, with offices in Europe, Asia, Australia, and the Middle East, making it one of the leading international law firms.
Bryan Cave Leighton Paisner (BCLP)
BCLP is a prominent global law firm with a rich history spanning decades. The firm traces its roots back to the founding of Bryan Cave in St. Louis, Missouri, in 1873. Over the years, through mergers and strategic alliances, the firm expanded its reach and capabilities, ultimately joining forces with Leighton Paisner LLP in 2018 to form BCLP. Today, BCLP stands as a leading international firm with offices across the globe, offering a comprehensive range of legal services to a diverse client base. With a legacy of excellence and a forward-thinking approach, BCLP continues to shape the future of the legal profession.
Herbert Smith Freehills
Herbert Smith Freehills is a global law firm formed through the merger of Herbert Smith and Freehills in 2012. Herbert Smith, established in 1882, had a long-standing reputation as one of the UK's leading law firms, while Freehills was a prominent Australian law firm. The firm offers a comprehensive range of legal services, including corporate law, finance, dispute resolution, and regulatory matters. Herbert Smith Freehills operates across major financial centres globally, serving clients in diverse sectors such as banking and finance, energy, infrastructure, and technology.
Macfarlanes
Macfarlanes is an independent law firm founded in 1875 in London. It has maintained its independence since its establishment. The firm focuses on providing high-quality legal services to corporate clients, financial institutions, and high-net-worth individuals. Macfarlanes is well-regarded for its expertise in corporate law, mergers and acquisitions, private equity, tax, and investment funds. Known for its client-centric approach, Macfarlanes has built strong relationships with its clients and is recognised for its commitment to delivering tailored and pragmatic legal advice.
Travers Smith
Travers Smith is a leading UK law firm founded in London in the 19th century. It has evolved and expanded over the years to become a respected player in the legal market. The firm specialises in corporate law, finance, commercial litigation, and tax, serving clients from various industries, including financial services, technology, and private equity. Travers Smith is known for its partner-led approach and its focus on delivering high-quality, practical advice to its clients. While maintaining its independent status, Travers Smith has developed a strong reputation and is considered a trusted advisor to its diverse client base.
Each of the Silver Circle firm has its own unique history, areas of expertise, and client focus. While they may not have the same level of international reach as the Magic Circle firms, they are still highly respected within the UK legal community and are recognised for their commitment to providing top-quality legal services.
