Shoosmiths

The Legal Cheek View

With offices in Milton Keynes rather than Manhattan, Southampton rather than Singapore and Basingstoke rather than Barcelona, Shoosmiths is sometimes overlooked by students when it perhaps deserves more consideration. This is no global megafirm (although it does have occasional client secondments abroad), but it knows who it is. And unlike some sprawling law behemoths which have been struggling to make their model pay, Shoosmiths has been doing rather well lately, led by its real estate and personal injury staples.

A huge 40% jump in profits last year has been followed by another decent 12 months in which revenue and profits ticked up another 4%. Profit per equity partner now stands at well over £400,000. So trainees and associates that can accept the lack of international glamour and relatively low pay, and instead concentrate on climbing the ranks, can hope to be healthily rewarded one day if they play their cards right.

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Key Info

Training contracts 22
Latest trainee retention rate 79%
Offices 11
Countries 1
Minimum A-level requirement CCC
Minimum degree requirement No Minimum

Insider Scorecard

Training
A
Quality of work
A
Peer support
A
Partner approach-ability
A
Work/life balance
A*
Perks
A
Office
B
Canteen
n/a
Social life
B
Chances of secondment abroad
C

Grades derived from the Legal Cheek Trainee and Junior Lawyer Survey of over 1,500 trainees and junior associates at the leading UK law firms.

Hours

Average arrival time 8:36am
Average leave time 6:23pm
Annual target hours No targets
Annual leave 25 days

Money

First year trainee salary £26,000
Second year trainee salary £27,000
Newly qualified salary £40,000
Profit per equity partner £416,000
GDL grant £12,000
LPC grant £14,000

Diversity

UK female associates 67%
UK female partners 39%
UK BME associates 10%
UK BME partners 12%

Universities Current Trainees Attended