Fieldfisher

The Legal Cheek View

Fieldfisher has performed well over the years. In its most recently disclosed financial results turnover rose 17% to £242 million, marking the third year in a row that the firm has achieved double digit growth.

In previous years Fieldfisher gobbled up other firms including Birmingham’s Hill Hofstetter and Chinese outfit JS Partners, while a five partner hire from a Dutch firm saw the launch of an Amsterdam office. These were followed by a wave of office openings in locations including Barcelona, Bologna, Frankfurt, Guangzhou, Luxembourg, Madrid and Shanghai. In the UK, meanwhile, the firm opened a new support centre in Belfast in 2018 and opened up in Dublin in 2019. Fieldfisher now has 25 offices — more than double the number it had a few years ago.

The good news for trainees and junior lawyers is that Fieldfisher remains a pretty balanced place, despite its growing megafirm status. Across the London, Manchester and Birmingham offices rookies work on average less than ten hours a day, with one reporting that since starting their training contract they have “hardly ever left the office after 6:30pm”. Another adds: “We are very lucky to get a good work/life balance here”.

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“They do not expect people to work late or weekends and encourage outside interests,” we are told, “however, when busy it is busy”. The firm’s core dispute resolution practice area is seen as more conducive to stable hours than its finance group, but it’s a lot more reasonable than at many rivals.

Training “varies by department but is generally excellent”, while work at times sees trainees “pushed to the limit” of their abilities. The supervision is generally pretty good, with partners who are “not stuffy at all” and fellow trainees are always there to be “a shoulder to cry on”.

A healthy mix of secondments is also appreciated. According to our figures, about 14% of Fieldfisher trainees and junior lawyers do an international placement to plush locations such as Silicon Valley, while more than twice as many (32%) go on client secondments. The standout client secondments are apparently the BBC and media giant Viacom. “I went to Viacom for six months as part of my second seat and worked across the legal departments for MTV, Comedy Central and Nickelodeon,” one trainee reports.

Not that trainees are desperate to leave Fieldfisher’s offices. The jewel in the crown is undoubtedly London, located on the north bank of the Thames beside London Bridge. The terraces running around it have spectacular river views — and unlike at some firms are used regularly thanks to a daily morning fitness class held on the ninth floor balcony. Rumour has it that the firm is leaving its Manchester base for new space elsewhere in the city.

Where Fieldfisher performs less well is on rookie salaries. £67,500 for a newly qualified solicitor in London is towards the lower end of the market for firms in FF’s class.

However, grumbles about technology have subsided. A time recording system that had been unpopular has now been bedded in and teething problems resolved, while investments in practice management software, such as LexisOne, have won thumbs up. But the case management system could still do with a refresh, we’re told. When the firm moved to remote-working in the wake of the COVID-19 pandemic, things “went better than expected”. The IT has held up and lawyers were given £200 to fund IT equipment when lockdown began.

Fieldfisher provides some of the best food-based perks that you are likely to encounter. Free brownies, cakes and ice cream are regularly dished out around the firm. One trainee spoke highly of the “exemplary biscuits”. The coffee, meanwhile, is apparently as good as anything you’d find in the hipster haunts in Hackney.

The perks are “OK” and include a tastecard and subsidised gym membership. The social life is “pretty good” and this is due to the trainees taking “the initiative to socialise rather than … firm or department organised opportunities to socialise”.

Insider Scorecard

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

Insider Scorecard Grades range from A* to D and are derived from the Legal Cheek Trainee and Junior Lawyer Survey 2020-21 of over 2,000 trainees and junior associates at the leading law firms in the UK.

Money

First year trainee salary £39,500
Second year trainee salary £42,500
Newly qualified salary £67,500
Profit per equity partner £805,000
GDL grant £5,500
LPC grant £6,000

The above salaries are for London. In Birmingham and Manchester first year trainees earn £28,000 and second years £29,500. Newly qualified solicitors in these locations earn £44,000.

Hours

Average arrival time 08:54
Average leave time 18:35
Annual target hours 1,500
Annual leave 25 days

Average arrive and leave times are derived from the Legal Cheek Trainee and Junior Lawyer Survey 2020-21 of over 2,000 trainees and junior associates at the leading law firms in the UK.

Secondments

Chances of secondment abroad 14%
Chances of client secondment 32%

Secondment probabilities are derived from the Legal Cheek Trainee and Junior Lawyer Survey 2020-21 of over 2,000 trainees and junior associates at the leading law firms in the UK. Please note that due to COVID-19 secondment probabilities are lower than in usual years.

General Info

Training contracts 18
Latest trainee retention rate 89%
Offices 25
Countries 11
Minimum A-level requirement ABB
Minimum degree requirement 2:1

12 training contracts are in London, three in Manchester and three in Birmingham.

Diversity

UK female associates 61%
UK female partners 27%
UK BME associates 16%
UK BME partners 7%

Universities Current Trainees Attended

The Firm In Its Own Words