Travers Smith

Travers Smith

Infobox Company
company_name = Travers Smith
company_logo =
company_type = Limited Liability Partnership
foundation = pre-1801
location = London, UK and Paris, France
key_people = Managing Partner Chris Carroll Senior Partner Alasdair Douglas
industry = Law Firm, Legal
products =
revenue = £ 81 million (2007/8 financial year)
num_employees = 460 (2008)
parent =
subsid =
homepage = [http://www.traverssmith.co.uk www.traverssmith.co.uk]
footnotes =

Travers Smith is one of the City of London’s oldest law firms. One of the firm’s partners drafted the constitution for the first London Stock Exchange in 1801. Based in London with an office in Paris, the firm has 250 fee-earners, including 66 partners. Its main market is the quality end of the mid-cap mergers and acquisitions market, although its expertise spreads to numerous other specialist areas.

The firm employs over 400 staff and operates in 13 specialist practice areas. Travers Smith is the current UK Law Firm of the Year. The firm converted to a limited liability partnership in July 2008. [cite news |first=Kit |last=Chellel |authorlink= |coauthors= |title=Travers latest to make LLP switch |url=http://www.thelawyer.com/cgi-bin/item.cgi?id=133640&d=415&h=417&f=416 |work=The Lawyer |publisher= |date=1-July-2008 |accessdate=2008-07-17 ]

History

The firm was originally founded by Samuel Amory, who qualified in 1810. Samuel's daughter, Ann, married John Travers, a member of the 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.

Historian Charles Sharman spoke of 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 reverted to Travers Smith.

Since the Second World War, the firm has grown steadily through the organic route rather than merger and acquisition. This was to distinguish the firm in the 1990s when it decided not to follow the path of expansion followed by larger firms but to stay London-centric (aside from opening a small Paris office). Travers Smith also resisted temptation when it was courted by Latham & Watkins for merger. However, the famously independent UK firm declined the opportunity to be absorbed by a larger American practice.

Main practice areas

*Banking
*Commercial
*Corporate
*Corporate recovery
*Employee incentives
*Employment
*Environment & planning
*EU & competition
*Financial services & markets
*Litigation
*Pension
*Real estate tax

References

*cite news |first=Emma |last=Sadowski |authorlink= |coauthors= |title=Bellwether Travers hikes fees but profits drop |url=http://www.legalweek.com/Articles/1145806/Bellwether+Travers+hikes+fees+but+profits+drop.html |work=Legal Week |publisher= |date=15/07/2008 15:40 |accessdate=2008-07-17
*cite news |first= |last= |authorlink= |coauthors= |title=Legal Week Wiki |url=http://www.legalweek.com/Navigation/36/Articles/1000095/Travers+Smith.html |work= |publisher= |date= |accessdate=2008-07-17
*cite news |first= |last= |authorlink= |coauthors= |title=Travers tops £800k PEP with 15% growth spurt |url=http://www.legalweek.com/Articles/1038363/Travers+tops+800k+PEP+with+15+growth+spurt.html |work= |publisher= |date= |accessdate=2008-07-17
*cite news |first= |last= |authorlink= |coauthors= |title=Herding cats: Chris Carroll |url=http://www.legalweek.com/Articles/1025050/Herding+cats+Chris+Carroll.html |work=Legal Week |publisher= |date= |accessdate=2008-07-17
*cite news |first= |last= |authorlink= |coauthors= |title=Travers reaps rewards of 3i links with deal windfall |url=http://www.legalweek.com/Articles/1023675/Travers+reaps+rewards+of+3i+links+with+deal+windfall.html |work=Legal Week |publisher= |date= |accessdate=2008-07-17
*cite news |first= |last= |authorlink= |coauthors= |title=Law Firm Directory |url=http://www.thelawyer.com/cgi-bin/item.cgi?id=128851 |work=The Lawyer |publisher= |date= |accessdate=2008-07-17

External links

* [http://www.traverssmith.co.uk Travers Smith website]


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