The Legal Cheek View
Nabarro is in a sweet spot at the moment, with revenues up again this year after a stonking 2015 which saw profit per equity partner (PEP) soar 21%. Turnover now stands at £130.4 million and PEP is at £586,000. Such healthy numbers reflect to a large extent the rebound of the commercial property sector over the last few years; conversely Nabarro was hit hard by the corresponding downturn in this sector in the wake of the financial crisis.
The revitalised firm recently moved into a spanking new headquarters at 125 London Wall in the City – leaving behind its old Holborn base – while boosting its offices in Manchester, Singapore and Dubai with new hires. Accordingly, the mood its pretty good right now, with Nabarro placing well in the Legal Cheek Trainee and Junior Lawyer Survey for quality of training, work and culture.
While standards of supervision are said to vary from department to department, there is widespread commendation of Nabarro’s "excellent training materials" that are prepared by a team of dedicated ‘Knowledge Lawyers’.
Meanwhile, a friendly culture where "people are very aware that you have a life outside of work" has helped create a good atmosphere among the firm’s young. As one insider explains: "The trainee intake here is amazing. It does not feel competitive in the slightest – everyone looks out for one another and helps one another whenever they can." Apparently this kinship comes with a healthy social scene. "I drink too much now," confesses one rookie.
Where the firm falls down slightly is on perks – there’s no office gym, or even subsidised gym membership, while the chances of doing an international secondment as a trainee are low. On the upside, Nabarro provides a free evening meal to lawyers who find themselves in the office after seven from its highly-rated canteen. But those eating there during the normal working day should beware the slightly random pricing – jellies and croissants are apparently "outrageously expensive".
Oh, and before we forget, it’s worth noting that various reports have reached us of trouble with lifts in Nabarro’s fancy new London home. "The daily fear of getting stuck in a lift as it plummets is palpable," reveals one terrified tipster.