Travers Smith

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Travers Smith LLP
Headquarters London, United Kingdom
No. of officesTwo (London and Paris)
No. of lawyersApproximately 370 [1]
Major practice areasGeneral practice
Key people
  • Edmund Reed (managing partner)
  • Sian Keall (acting senior partner)
  • Andrew Gillen appointee for senior partner from 1 January 2024 [2]
Revenue £215 million (2023/24) [3]
Profit per equity partner£1.3 million (2023/24) [3]
Date founded1810 (London)
Company type Limited liability partnership
Website 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.

Contents

In 2023/24 Travers Smith achieved total revenues of £215 million and profits per equity partner of £1.3 million. [3] It is regarded as forming part of the "Silver Circle" of leading UK law firms [4] and is one of the oldest firms in the City of London, having been founded in 1810. [5]

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. [5] One of the firm's partners drafted the constitution for the London Stock Exchange in 1801. [5]

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. [6]

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; [7] the office was closed in January 2007, with all of its lawyers moving to Salans. [8]

Travers Smith converted to a limited liability partnership in July 2008. [9]

Travers Smith was voted UK Law Firm of the Year in 2007 and 2012. [10]

In July 2023, the company was appointed by NatWest Group to review its decision to close Nigel Farage's Coutts bank account. [11] The law firm published its initial findings in October 2023. [12]

Main practice areas

Travers Smith's services include: [13]

Alumni

Notable alumni of the firm include:

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References

  1. "Travers Smith Law.com profile". Law.com. Retrieved 8 November 2023.
  2. "Travers votes in new senior partner". 6 November 2023.
  3. 1 2 3 . Legal Business. 29 July 2024 Smith reaches record highs for revenue and PEP despite recent partner exits https://www.legalbusiness.co.uk/blogs/travers-smith-achieves-record-highs-in-revenue-and-pep/=Travers Smith reaches record highs for revenue and PEP despite recent partner exits . Retrieved 9 August 2024.{{cite news}}: Check |url= value (help); Missing or empty |title= (help)
  4. "Focus: The silver circle: The silver service". The Lawyer. 19 July 2010. Retrieved 13 April 2013.
  5. 1 2 3 "Travers Smith". Legal Week. 8 January 2007. Retrieved 13 April 2013.
  6. "Travers Smith Drops Braithwaite In Rebrand". Legal Week. 18 November 2004. Retrieved 13 April 2013.
  7. "Travers Smith launches in Germany". The Lawyer. 15 October 2001. Retrieved 13 April 2013.
  8. "Travers quits Germany; Salans inherits team". The Lawyer. 10 January 2007. Retrieved 13 April 2013.
  9. "Travers latest to make LLP switch". The Lawyer. 1 July 2008. Retrieved 2 April 2014.
  10. "Travers takes top law firm prize at British Legal Awards 2012". Legal Week. 23 November 2012. Retrieved 2 April 2014.
  11. "Travers Smith to lead review into NatWest's handling of Nigel Farage account closure". www.globallegalpost.com. Retrieved 2024-08-16.
  12. "Key findings from Phase 1 of Travers Smith review | NatWest Group". www.natwestgroup.com. Retrieved 2024-08-16.
  13. "Services". Travers Smith LLP. Retrieved 9 November 2023.
  14. "Travers Smith lawyer elected as MP for Loughborough - Travers Smith". traverssmith.com. Retrieved 7 March 2015.

Further reading

  1. "Slaughter and May, Travers Smith shepherd Vodafone's €5bn sale of Spanish arm to Zegona". www.globallegalpost.com. Retrieved 2023-11-09.