Charles Russell Speechlys trainee recruitment

Charles Russell Speechlys

The Legal Cheek View

Meet the firm at Legal Cheek’s upcoming November UK Virtual Law Fair on Tuesday 19 November 2024

Charles Russell Speechlys is a full-service international law firm with one of the biggest private practices in Britain, with offices in London, Guildford and Cheltenham. The firm has a presence in ‘private capital’ hubs such as Doha, Dubai, Geneva, Luxembourg, Manama, Paris, Zurich, Singapore and Hong Kong. For law students who fancy trying a mix of private client work alongside corporate, family offices, litigation or real estate matters, this is a good place to start.

Firmwide revenue has grown by 13% to £218.3 million, with the UK portion enjoying a 12% bump to £174.4 million. These solid sums come alongside a whopping 20.5% increase in firm profits, putting it firmly on an upward trajectory following a slump in the previous financial year. Profit per equity partner (PEP) also saw a double-digit increase by 26.9% to £661,000. The firm’s stellar financials include significant contributions from its European outposts in Luxembourg, Paris and Switzerland as well as a 30% uptick in revenue from Asia following several lateral hires and the relatively recent launch of its Singapore office. The firm also formed a new advanced client solutions team to boost its tech and innovation offering, headed up by the former head of innovation at Dentons. So, if you’re looking to gain experience at UK-based firm with an ambitious international outlook and healthy balance of private client and transactional work, Charles Russell Speechlys may be a home for you.

In the UK, the firm takes around 25 trainees per year who are spread across the firm’s London, Guildford and Cheltenham offices. The size of the intake has the advantage that trainees may be given a fair amount of responsibility and client contact. The firm has also recently launched a training contract programme within its Hong Kong office.

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Rookies are positive about the quality of the training at the firm. One enthuses: “I have to say that the responsibility you get at CRS is second to none. Opportunities as a trainee to lead client calls and go to court all the time has definitely made the training a great experience.” We are also told that “the CRS Business School [a part of the firm which provides career development support] has developed tailored programmes to promote development and career progression, which is extremely valuable”.

Alongside private client work, trainees often get to sample the firm’s specialisms in property, litigation and general corporate and commercial work. “There’s a real effort to make sure everyone gets interesting work,” an insider reports. “Also, the issues that our UHNW/HNW [ultra-high net worth and high net worth] clients face are frequently highly bespoke, requiring actual analysis instead of replicating work based off of long-established precedents.” One trainee describes the firm as “a true leader in the private wealth realm”. Another source tells us that the work given “has been really varied”, with trainees often working directly with partners and having the opportunity to drive projects forward.
Trainees also report on having real camaraderie and friendships with their peers. One gushes: “The other trainees in the cohort are absolutely lovely, and we all get on really well. We are genuinely friends and it’s an amazing support system. NQs and other juniors in the team are generally really friendly, supportive and interested”.

Although competition can be present in some seats, such strain is the exception rather than the rule, as “overall, everyone gets along great”. These sentiments are mirrored in trainee feedback on the approachability of their superiors. With “doors always open, and popping in to ask questions always welcomed”, Charles Russell Speechlys is big on support and friendliness, with the caveat of occasional grumpiness when catching someone at the wrong time. There is said to be “a very flat hierarchy, particularly in transactional teams” and this is enhanced by the fact that “some floors in the office are open plan which assists with breaking down barriers between juniors and seniors”.

The social life at Charles Russell Speechlys is also pretty good. Colleagues bond over departmental drinks events, and winter parties — previous locations include the Natural History Museum in London. Summer parties are also said to be “great”. Current perks include subsidised gym membership, private healthcare, days off for moving house, dress for your day policy, and tennis on local courts once a week. For London staff, social events take place in the firm’s highly regarded in-house canteen-turned-pub, Charlie’s, whilst their Cheltenham counterparts head to the recently refurbished penthouse and the Guildford office get together for various activities such as the annual rounders tournament.

While the London office canteen, Charlie’s, is described as “a real hub of the firm”, providing trainees with a great opportunity for lunchtime catch-ups with their cohort, the Guildford and Cheltenham offices lack a canteen. However, this doesn’t cause much discontent as it is compensated by “great eating spaces” and plenty of “external food providers very close by”.

On the IT front, the firm “has all the classic tech”, including Luminance for “due diligence” tasks. Trainees report that the legal tech offering has “massively improved from 12 months ago”, but the biggest issue is its uptake, as more can apparently be done to integrate it into workstreams. The firm also operates a ‘Russell Up’ scheme, requiring trainees to complete an innovation project for each training seat, which encourages the “use and expansion of legal tech from the bottom up”.

The firm operates a flexible working policy, with most lawyers spending three days in the office and two days at home. Individuals can choose which days to work from home, although we’re told those in the regional offices tend to come in more frequently. It provides monitors, keyboards, mouses and headphones and “regularly check that your setup is suitable by providing training”, leading to one trainee finding working from home a “seamless” experience.

The money is pretty good too — especially in view of the decent work/life balance. Charles Russell Speechlys has a fairly strong reputation in this regard, with trainees speaking of “ebbs and flows”, “peaks and troughs” and “some late nights and occasional weekends”. Typical hours seem to be around 9.00am-6.45pm. Generally, the trainees recognise they have a better deal than their peers at many other commercial law and financial services firms, and report that when work does ramp up, they always feel supported by their superiors.

The London office, at 5 Fleet Place, is “very swanky, newly decorated” and the “9th floor in 5FP is particularly impressive”. Insiders report that the office is currently undergoing a refurbishment to make all floors open plan. The already updated floors are said to be “very modern with lots of private and group meeting room space”, as well as a swish new client space. The Guildford office is also being “spruced up and made modern”, a closed plan office where trainees sit in with their supervisors. Elsewhere, a relatively recent refurbishment of the Cheltenham office “really worked wonders” whilst the Guildford office comes with a highly recommended coffee machine – essential stuff for busy lawyers!

There is also a chance of going on a secondment, both client and international. Destinations include Morgan Stanley, private equity firm Actis and, internationally, in Zurich, Geneva, Paris, Luxembourg, Dubai and Hong Kong.

Deadlines

London Open Day

4 December 2024 and 9 January 2025
Applications open 16/09/2024
Applications close 20/11/2024

Guildford Open Day

5 December 2024
Applications open 16/09/2024
Applications close 20/11/2024

Cheltenham Open Day

11 December 2024
Applications open 16/09/2024
Applications close 20/11/2024

Virtual Open Day

12 December 2024 and 7 January 2025
Applications open 16/09/2024
Applications close 20/11/2024

London Placement Scheme (In conjunction with a training contract)

Spring: 7 – 17 April 2025; Summer: 2 – 13 June 2025
Applications open 01/10/2024
Applications close 15/01/2025

Guildford Placement Scheme (In conjunction with a training contract)

Spring: 31 March – 4 April 2025; Summer: 7 – 11 July 2025
Applications open 01/10/2023
Applications close 15/01/2025

Cheltenham Placement Scheme (In conjunction with a training contract)

Summer 1: 23 – 27 June 2025; Summer 2: 30 June – 4 July 2025
Applications open 01/10/2024
Applications close 15/01/2025

London Direct Training Contract

Assessment Day week commencing 19 & 26 May 2025
Applications open 01/10/2024
Applications close 15/01/2025

Guildford Direct Training Contract

Assessment Day week commencing 2 Jun 2025
Applications open 01/10/2024
Applications close 15/01/2025

Cheltenham Direct Training Contract

Assessment Day week commencing 16 June 2025
Applications open 01/10/2024
Applications close 15/01/2025

Insider Scorecard

A*
Training
A*
Quality of work
A*
Peer support
A*
Partner approach-ability
A*
Work/life balance
A
Legal tech
A*
Perks
A
Office
A
Social life
A*
Eco-friendliness

Insider Scorecard Grades range from A* to D and are derived from the Legal Cheek Trainee and Junior Lawyer Survey 2024-25 of over 2,000 trainees and junior associates at the leading law firms in the UK.

Money

First year trainee salary £50,000
Second year trainee salary £53,000
Newly qualified salary £88,000
Profit per equity partner £661,000
PGDL grant £10,000
SQE grant £10,000

The above figures are for London. Charles Russell Speechlys pays first year trainees £40,000 in Guildford and Cheltenham. Second year trainees receive £43,000 in Guildford and Cheltenham. NQ solicitors earn £62,000 in Guildford and Cheltenham. The firm offers £8,500 PGDL and SQE grants outside London.

Hours

Average start work time 09:08
Average finish time 18:39
Annual target hours Undisclosed
Annual leave 25 days

Average arrive and leave times are derived from the Legal Cheek Trainee and Junior Lawyer Survey 2024-25 of over 2,000 trainees and junior associates at the leading law firms in the UK.

Secondments

Chances of secondment abroad 20%
Chances of client secondment 12%

Secondment probabilities are derived from the Legal Cheek Trainee and Junior Lawyer Survey 2024-25 of over 2,000 trainees and junior associates at the leading law firms in the UK.

General Info

Training contracts 25
Latest trainee retention rate 96%
Offices 13
Countries 9
Minimum A-level requirement AAB
Minimum degree requirement 2:1

Diversity

UK female associates 54%
UK female partners 30%
UK BME associates 10%
UK BME partners 8%

Universities Current Trainees Attended

The Firm In Its Own Words