Slaughter and May

Slaughter and May
Headquarters London, United Kingdom
No. of offices Four[1]
No. of lawyers Approximately 560[2]
No. of employees Approximately 1,140[3]
Major practice areas General practice
Key people Chris Saul (Senior Partner)
Richard Clark (Executive Partner)[4]
Revenue £416.2 million (2012/13)[5]
Profit per equity partner £1.818 million (2012/13)[5]
Date founded 1889 (London)[6]
Company type General partnership
Website
slaughterandmay.com

Slaughter and May is an international law firm headquartered in London and a member of the Magic Circle of leading UK law firms. In addition to London it has offices in Beijing, Brussels and Hong Kong.[1]

Slaughter and May has approximately 560 legal advisers and 740 other staff.[2] In 2012/13 it achieved total revenues of £416.2 million and profits per equity partner of £1.818 million.[5] Although it is significantly smaller than the other members of the Magic Circle in terms of revenues and number of staff, it has the highest profits per equity partner of any UK-based law firm[7] and according to a 2012 survey by US careers publisher Vault, is viewed by solicitors in similar firms as the most prestigious law firm in the United Kingdom.[8]

History

Slaughter and May was founded on 1 January 1889 by William Capel Slaughter and William May.[6][9] The firm's first office was located at 18 Austin Friars in the City of London.[6] In 1974 the firm opened an office in Hong Kong.[6] During the 1980s and 1990s the firm acted on a number of privatisations in the United Kingdom, including those of British Airways, British Gas and British Steel.[6]

In 2002 Slaughter and May moved to its current London office at One Bunhill Row. Slaughter and May closed its New York office in September 2004 and its Singapore office in October 2004. The New York office had originally primarily handled English law financing work in the Americas, a market which had been in decline through the 1990s so the company referred its U.S. law work to Wall Street firms and similarly its Southeast Asia work to the Australian firm of Allens Arthur Robinson.[10] In December 2005 Slaughter and May agreed to cede its Paris office to the French law firm Bredin Prat.[11] In 2009 the firm opened an office in Beijing, China,[6] to focus mainly on M&A and outbound and inbound investment.[12]

In comparison to the other Magic Circle firms, Slaughter and May has a minimal overseas presence, and its international practice largely relies on a network of local law firms in other countries. These "best friend" firms have included Clayton Utz, Corrs Chambers Westgarth, Gilbert & Tobin and Minter Ellison in Australia;[12] Bonelli Erede Papalardo, Bredin Prat, De Brauw Blackstone Westbroek, Hengeler Mueller and Uría Menéndez in continental Europe;[13] Shin & Kim and Kim & Chang in South Korea; and three of the Big Four law firms in Japan.[14]

References

  1. 1.0 1.1 "Offices". Slaughter and May. Retrieved 26 October 2010.
  2. 2.0 2.1 "Slaughter and May - UK results 2010". The Lawyer. Retrieved 24 October 2010.
  3. "Key facts and figures". Slaughter and May. Retrieved 29 April 2015.
  4. "Partners". Slaughter and May. Retrieved 22 October 2013.
  5. 5.0 5.1 5.2 "Slaughter and May". Incisive Media. Retrieved 5 November 2013.
  6. 6.0 6.1 6.2 6.3 6.4 6.5 "History". Slaughter and May. Retrieved 26 October 2010.
  7. "Slaughter and May". Chambers Student. Retrieved 13 May 2012.
  8. "Europe: UK Law Firm Rankings 2012: Vault Law 50 UK". Vault. Retrieved 7 May 2014.
  9. "Slaughter and May". Legal Week. 21 Aug 2009. Retrieved 26 October 2010.
  10. "Slaughters shuts NY and Singapore". The Lawyer. 5 July 2004. Retrieved 18 July 2013.
  11. "Bredin Prat to take over Slaughters Paris". The Lawyer. 14 December 2005. Retrieved 2 October 2012.
  12. 12.0 12.1 http://www.thelawyer.com/slaughter-and-may/414864.supplier
  13. http://www.slaughterandmay.com/where-we-work/international-approach/the-best-friends-group.aspx
  14. http://www.thelawyer.com/slaughters-unveils-best-friends-strategy-in-asia/125042.article

External links