Table of Contents
- 1 How do you get into the magic circle law?
- 2 Where do magic circle law firms hire from?
- 3 How do I get a job at a magic circle firm?
- 4 How many hours do trainee solicitors work?
- 5 Which UK uni is best for law?
- 6 How prestigious is UCL law?
- 7 What is the difference between Magic Circle and Silver Circle?
- 8 What is the Silver Circle in law?
How do you get into the magic circle law?
To get one, the traditional route is to first work as an intern during your penultimate year in what they call “vacation schemes”. They are conducted during winter and summer, each lasting around 3 to 4 weeks. During which, the firm will size you up through interviews and tests to see whether you are a “perfect fit”.
Where do magic circle law firms hire from?
US law firms in London drew 24.4 per cent of their trainees from Oxbridge, with 50 per cent coming from the rest of the Russell Group, 16.5 per cent coming from other UK institutions and nine per cent coming from overseas.
What Unis Do Magic Circle firms recruit from?
The university superduo dominated the US and magic circle firms in particular: 24\% of all US firm trainees and 31\% of all magic circle trainees hailed from an Oxbridge undergrad background. A second group comprising Bristol, Nottingham and Durham made up 16\% of all trainees in our research.
Do you have to go to a Russell Group uni for law?
UK perspective: absolutely. The training contract application process for City law firms is extremely competitive. They recruit almost exclusively from Oxbridge and the Russell Group – essentially the top 10 universities.
How do I get a job at a magic circle firm?
9 things that aspiring magic circle lawyers should be doing to secure a training contract
- Get on a law firm work experience programme.
- Start planning ahead.
- Not securing a vac scheme doesn’t mean it’s game over.
- Start thinking about making a clear and concise summer TC application.
- Identify the gaps in your knowledge.
How many hours do trainee solicitors work?
It’s common for rookies to have a run of clocking off at 6:30pm followed by a series of days working until the early hours of the morning….Legal Cheek Trainee & Junior Lawyer Survey 2017-18 — average daily hours worked.
| LAW FIRM | AVERAGE DAILY HOURS |
|---|---|
| Kirkland & Ellis | 12:28 |
| Shearman & Sterling | 10:44 |
What law firm pays the most?
2018 1st Year Salaries and Bonuses of the Top Law Firms
| Firm Name | Associate Salaries | Associate Bonuses |
|---|---|---|
| Brownstone Appellate Law Firm | NA | NA |
| Bryan Cave LLP | Chicago $145000; $120000 | NA |
| Buchanan Ingersoll & Rooney | $125,000-$150,000 | NA |
| BuckleySandler LLP | $167,500 | NA |
How much does a partner at a magic circle firm earn?
Allen & Overy has won this year’s race to be the first “magic circle” law firm to announce its financial results, revealing that its equity partners earn on average £1.9 million each.
Which UK uni is best for law?
1. Best law schools in the UK – Times Higher Education Subject Rankings 2022
- King’s College London – 13\% acceptance rate.
- University of Glasgow – 70\% acceptance rate.
- Durham University – 41\% acceptance rate.
- University of Bristol – 67\% acceptance rate.
- The University of Manchester – 59\% acceptance rate.
How prestigious is UCL law?
In the 2020 Times Higher Education World University Rankings UCL is ranked 9th in the world (and 4th in Europe) for Law. In domestic rankings, UCL Laws ranks 3rd in the 2020 The Guardian University Guide, 2nd in the 2020 The Times and Sunday Times University Guide, and 2nd in the 2020 Complete University Guide.
Which university in UK is best for law?
Best Law Universities In UK
- University of Law.
- Cambridge University.
- University of Oxford.
- Glasgow University.
- London School of Economics.
- The University of Aberdeen.
- University of York.
- King’s College London.
Are magic circle or Silver Circle law firms better to work for?
If you are an aspiring solicitor, you will have almost definitely heard about Magic Circle law firms and quite possibly the Silver Circle too. Without a doubt, both are incredibly prestigious and highly rewarding London-based, corporate law firms to work for.
What is the difference between Magic Circle and Silver Circle?
While each silver circle firm is distinctive in its own right, trainees can expect a few commonalities. The classic line from a silver circle outfit is that it offers a similar quality of work to the magic circle without the stern atmosphere associated with those firms.
What is the Silver Circle in law?
In essence, the silver circle refers to the band of firms that fall just below the magic circle when it comes to turnover, but post considerably higher profit per equity partner (PEP) and revenue per lawyer (RPL) averages than the rest of the nation’s legal market.
What is the lawyer’s circle?
The name first appeared in 2005 and was thought up by The Lawyer in response to the pre-existing phrase ‘magic circle’, used to describe the five leading firms headquartered in the UK.