Travers Smith

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".

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Deadlines

Training Contract

To commence 2019

Applications open: 1 October 2016
Applications close: 31 July 2017

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Key Info

Training contracts 25
Latest trainee retention rate 94%
Offices 2
Countries 2
Minimum A-level requirement AAB
Minimum degree requirement 2:1

Insider Scorecard

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

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

Hours

Average arrival time 9:16am
Average leave time 7:27pm
Annual target hours No targets
Annual leave 25 days

Money

First year trainee salary £42,500
Second year trainee salary £47,500
Newly qualified salary £71,500
Profit per equity partner £1,020,000
GDL grant £7,000
LPC grant £7,000

Diversity

UK female associates 45%
UK female partners 16%
UK BME associates 14%
UK BME partners 1%

Universities Current Trainees Attended

The Firm In Its Own Words