Travers Smith
{{Short description|Corporate law firm of London}}
{{Infobox Law Firm
| name = Travers Smith LLP
| headquarters = London, United Kingdom
| num_offices = Two (London and Paris)
| key_people = {{unbulleted list
|Edmund Reed {{small|(managing partner)}}
|Sian Keall {{small|(acting senior partner)}}
|Andrew Gillen {{small|appointee for senior partner from 1 January 2024{{cite news|url=https://www.thelawyer.com/travers-votes-in-new-senior-partner/ |title=Travers votes in new senior partner |date=6 November 2023 }}}}
}}
| practice_areas = General practice
| revenue = £215 million (2023/24){{cite news|url=https://www.legalbusiness.co.uk/blogs/travers-smith-achieves-record-highs-in-revenue-and-pep/|title=Travers Smith reaches record highs for revenue and PEP despite recent partner exits|accessdate=9 August 2024|publisher=Legal Business|date=29 July 2024}}
| profit_per_equity_partner = £1.3 million (2023/24)
|num_partners =77 {{cite web|url=https://www.thelawyer.com/travers-smith/ |title=Travers Smith – What the Lawyer Says |date=9 April 2018 }}
| num_lawyers= Approximately 370{{cite web|url=https://www.law.com/law-firm-profile/?id=310&name=Travers-Smith&slreturn=20231008125247#:~:text=According%20to%20the%20Legal%20Week,the%202022%20UK%20100%20ranking|title=Travers Smith Law.com profile|access-date=8 November 2023|publisher=Law.com}}
| num_employees =
| date_founded = 1810 (London)
| company_type = Limited liability partnership
| homepage = {{URL|www.traverssmith.com}}
}}
Travers Smith LLP is a corporate law firm headquartered in London, United Kingdom. It advises national and multinational companies in the UK and internationally across the full range of corporate and commercial matters.
In 2023/24 Travers Smith achieved total revenues of £215 million and profits per equity partner of £1.3 million. It is regarded as forming part of the "Silver Circle" of leading UK law firms{{cite news|url=http://www.thelawyer.com/focus-the-silver-circle-the-silver-service/1005060.article|title=Focus: The silver circle: The silver service|accessdate=13 April 2013|publisher=The Lawyer|date=19 July 2010}} and is one of the oldest firms in the City of London, having been founded in 1810.
History
The firm was founded by Samuel Amory, who qualified in 1810. Samuel's daughter, Ann, married John Travers, a member of a well-known produce family in the City of London which was a long-standing client of the practice. Their grandson, Joseph Travers Smith, joined the firm in 1851 and became its senior partner.{{cite news|url=http://www.legalweek.com/legal-week/wiki/1174600/travers-smith|title=Travers Smith|accessdate=13 April 2013|publisher=Legal Week|date=8 January 2007}} One of the firm's partners drafted the constitution for the London Stock Exchange in 1801.
Historian Charles Sharman described Joseph Travers Smith as the solicitor to "the Westminster Bank and to numerous old families from Royalty downwards". The firm was joined by Stephen Braithwaite in 1873, when the practice became known as Travers Smith Braithwaite, a name it retained until 2004 when it was shortened to Travers Smith.{{cite news|url=http://www.legalweek.com/legal-week/news/1177381/travers-smith-drops-braithwaite-in-rebrand|title=Travers Smith Drops Braithwaite In Rebrand|accessdate=13 April 2013|publisher=Legal Week|date=18 November 2004 }}
Following the Second World War, the firm grew steadily through organic expansion. Since the 1990s the firm has not followed the strategy of mergers and overseas expansion adopted by most of its UK-based peers choosing to remain an independent firm.
Travers Smith opened an office in Berlin, Germany in 2001;{{cite news|url=http://www.thelawyer.com/font-colorb9003ebreaking-news/font-travers-smith-launches-in-germany/102381.article|title=Travers Smith launches in Germany|accessdate=13 April 2013|publisher=The Lawyer|date=15 October 2001}} the office was closed in January 2007, with all of its lawyers moving to Salans.{{cite news|url=http://www.thelawyer.com/travers-quits-germany-salans-inherits-team/123692.article|title=Travers quits Germany; Salans inherits team|accessdate=13 April 2013|publisher=The Lawyer|date=10 January 2007}}
Travers Smith converted to a limited liability partnership in July 2008.{{cite news|url=http://www.thelawyer.com/travers-latest-to-make-llp-switch/133640.article|title=Travers latest to make LLP switch|accessdate=2 April 2014|publisher=The Lawyer|date=1 July 2008}}
Travers Smith was voted UK Law Firm of the Year in 2007 and 2012.{{cite news|url=http://www.legalweek.com/legal-week/news/2226809/travers-takes-top-law-firm-prize-at-british-legal-awards-2012|title=Travers takes top law firm prize at British Legal Awards 2012|accessdate=2 April 2014|publisher=Legal Week|date=23 November 2012}}
In July 2023, the company was appointed by NatWest Group to review its decision to close Nigel Farage's Coutts bank account.{{Cite web |title=Travers Smith to lead review into NatWest’s handling of Nigel Farage account closure |url=https://www.globallegalpost.com/news/travers-smith-to-lead-review-into-natwests-handling-of-nigel-farage-account-closure-1886224238 |access-date=2024-08-16 |website=www.globallegalpost.com |language=en}} The law firm published its initial findings in October 2023.{{Cite web |title=Key findings from Phase 1 of Travers Smith review {{!}} NatWest Group |url=https://www.natwestgroup.com/news-and-insights/news-room/press-releases/our-updates/2023/oct/key-findings-from-phase-1-of-travers-smith-review.html |access-date=2024-08-16 |website=www.natwestgroup.com |language=en}}
Main practice areas
Travers Smith's services include:{{cite web |title=Services |url=http://www.traverssmith.com/services/ |accessdate=9 November 2023 |publisher=Travers Smith LLP}}
- Alternative Asset Management
- Arbitration
- Asset Management
- Civil Fraud
- Commercial Law
- Competition
- Corporate Advisory
- Corporate Advisory and Governance
- Corporate & Commercial Disputes
- Corporate M&A
- Data Protection
- Derivatives & Structured Products
- Employment
- ESG and Impact
- Finance
- Financial Markets Disputes
- Environment & Regulatory
- Financial Services & Markets
- Funds
- Incentives & Remuneration
- Investigations
- IP & Technology
- Pensions
- Pro Bono
- Public M&A
- Real Estate
- Restructuring & Insolvency
- Secondaries
- Tax
- Technology & Commercial Transactions
Alumni
Notable alumni of the firm include:
References
{{Reflist}}
Further reading
- Slaughter and May, Travers Smith shepherd Vodafone's €5bn sale of Spanish arm to Zegona{{Cite web |title=Slaughter and May, Travers Smith shepherd Vodafone's €5bn sale of Spanish arm to Zegona |url=https://www.globallegalpost.com/news/slaughter-and-may-travers-smith-shepherd-vodafones-eur5bn-sale-of-spanish-arm-to-zegona-1839486036 |access-date=2023-11-09 |website=www.globallegalpost.com |language=en}}
- {{cite news|url=http://www.legalweek.com/Articles/1023675/Travers+reaps+rewards+of+3i+links+with+deal+windfall.html|title=Travers reaps rewards of 3i links with deal windfall|accessdate=17 July 2008|publisher=Legal Week}}
External links
- [http://www.traverssmith.com Travers Smith official site]
- [http://www.chambersandpartners.com/uk/firm/424/travers-smith Travers Smith Rankings in Chambers UK ]
- [http://www.legalweek.com/law-firm/travers-smith Recent articles on Legal Week]
- [http://www.chambersstudent.co.uk/travers-smith/true-picture/424/1##true-picture Travers Smith Profile on Chamber Student]
{{Magic Circle}}
{{Legal services in the United Kingdom}}
Category:Law firms of the United Kingdom
Category:Law firms established in 1810
Category:1810 establishments in England