The Legal Cheek View
Travers Smith's stellar growth since 2010 has been one of the corporate law stories of the decade so far. In this period the firm's revenue and profits have jumped by 40%, with the journey capped over the summer as profit per equity partner surpassed the £1 million mark for the first time.
It's no surprise, then, that Travers is a happy place right now – and the Legal Cheek Trainee and Junior Lawyer Survey shows the cheerful mood to have very much permeated the lower ranks of the firm.
There is apparently a "great, warm atmosphere based on shared knowledge and support (and a sense of humour)" prevailing at the moment, with bonds deepened through regular social events, including trips to the pub, visits to the Globe to see Shakespeare and 'decathlon day outs'. Reports one insider: "There has even been recent talk of a department camping trip or 'Total Wipe Out' competition".
Meanwhile, the flush partners are said to be "all pretty human" and set a tone of approachability that "filters down throughout the firm" – aided by a cross generational set-up that sees rooms shared by one partner, one associate and one trainee.
With its strategy of pursuing alliances with foreign law firms rather than open its own offices abroad, Travers is often likened to a mini-Slaughter and May. But with profitability soaring, and newly qualified salaries now equal to the magic circle giant, it's looking ever more like the real deal.
Travers does has an office in Paris (it's only one outside London). Just over 15% of Travers' rookies have done an international secondment or travelled abroad with the firm – mostly in the form of stints in the French capital.
Day to day life at the firm is what you would expect – demanding work and sometimes long hours, but with excellent support. There is free access to a fridge and cupboard of drinks, crisps and biscuits after 6pm, while a big bowl of fruit is delivered around lunchtime every day to keep the troops healthy. Meanwhile, a recent office refurbishment has won widespread approval, with the results bringing about a "huge improvement" in working space. At the time of publication, the canteen was still being finished off, but we are told that "barring an absolute disaster, it can't be much worse than the previous" – and there will also apparently be an independent coffee supplier.