Representing the crème de la crème of the UK legal market, ‘Magic Circle’ and ‘Silver Circle’ firms have historically attracted the brightest graduates, the most experienced senior lawyers and some of the highest-paying clients. Many of these businesses today operate as limited liability partnerships (LLPs). Within this model, partners typically receive a share of the remaining profits after all other company expenses have been paid. A real incentive for employees to rise through the ranks.
To continue reading, subscribe today
and enjoy unlimited access to the following:
- Tips of the Week
- Funds coverage
- Weekly features on big investment themes
- Trading ideas
- Comprehensive companies coverage
- Economic analysis
