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Magic Circle (law firms) From Wikipedia, the free encyclopedia For other uses, see Magic Circle (disambiguation). The Magic Circle is an informal term for what are generally considered the five leading law firms headquartered in the United Kingdom,[1][2][3] and the four or five leading London-based commercial barristers' chambers. Contents [hide]  1 Law firms
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  Magic Circle (law firms) From Wikipedia, the free encyclopedia For other uses, see Magic Circle (disambiguation). The Magic Circle  is an informal term for what are generally considered the five leading law firms headquartered in the United Kingdom, [1[![   and the four or five leading #ondon$%ased commercial %arristers& cham%ers' Contents   [hide  ã 1 #aw firms ã ! (arristers& cham%ers ã )ankings ã * +ee also ã  )eferences Law firms [edit The five law firms generally regarded as constituting the -agic .ircle are/ [!   [* ã  0llen  2very ã .lifford .hance ã Freshfields (ruckhaus 3eringer  ã #inklaters ã +laughter and -ayThese firms are generally regarded as %eing the most prestigious law firms headquartered in the UK, [ citation needed    and consistently have among the highest earnings per$partner and earnings per$lawyer of UK$headquartered law firms' [ citation needed   4n !51 four mem%ers of the -agic .ircle were among the ten largest law firms in the world measured %y revenues, with .lifford .hance, #inklaters, 0llen  2very and Freshfields (ruckhaus 3eringer respectively the fifth$largest, seventh$largest, eighth$largest and ninth$largest %y this measurement' [  4n !515 +laughter and -ay was the *6th$largest law firm in the world %y this measure, with revenues of 78!6,55,555' [ 10 largest law firms in the world measured by 2013 revenuesRankFirmRevenuesLocation of  headquarters 1Baker & McKenzie$2,540,000,000United States 2DLA Piper $2,480,000,000United Kind! #United StatesLat%a & atkins$2,2'0,000,000United States 4Skadden, Arps, S(ate, Mea%er & )(! $2,20,000,000United States5 Clifford Chance $2,10,000,000United Kind! *Kirk(and & +((is$2,020,000,000United States  Linklaters $1,'*0,000,000United Kind! 8 llen ! very $1,'0,000,000United Kind! ' Freshfields #ruckhaus $eringer $1,'20,000,000United Kind! 10 -!rt!n .!se )/(ri%t$1,'00,000,000United Kind! Those UK$headquartered firms commonly regarded as the main competitors of the -agic .ircle are sometimes referred to as the 9+ilver .ircle9: these firms are generally smaller than the mem%ers of the -agic .ircle in revenues, %ut also have a level of earnings per$partner and earnings per$lawyer which are far a%ove the average for UK$%ased law firms' [8   [; 10 largest %&'based law firms measured by 2013  worldwide revenues 8 RankFirmRevenues 1DLA Piper 31,5**,00,0002 Clifford Chance 31,5',000,000 Linklaters 31,255,100,0004 llen ! very 31,24,00,0005 Freshfields #ruckhaus $eringer 31,22,000,000* -!rt!n .!se )/(ri%t31,152,000,000!an L!e((s31,0'8,000,0008erert S it% )ree%i((s3800,000,000'Dent!ns380,00,000106MS310,400,000 Barristers' chambers [edit The following %arristers& cham%ers are often descri%ed as constituting the (ar&s -agic .ircle/ [< ã (lackstone .ham%ers [15 ã (rick .ourt .ham%ers ã =sse> .ourt .ham%ers  ã Fountain .ourt .ham%ers ã 2ne =sse> .ourt Rankings [edit ã #ist of 155 largest law firms glo%ally ?!515@ ã #ist of largest =uropean law firms !511 ã #ist of largest =uropean law firms !55< ã #ist of largest =uropean law firms !55 ã #ist of largest United Kingdom$%ased law firms ã #ist of largest .hinese law firms ?!55<@ See also [edit ã (ig Five law firms ?+outh 0frica@ ã +even +isters ?law firms@ ã (ig +i> law firms ã +ilver .ircle ?law firms@ ã White shoe firm ã )ed .ircle ?law@ $.hina ã (ig Four ?audit firms@ References [edit 1' Jump up ^  &3ifferent types of law firm&!'A Bump up to/  a   b   Clifford Chance Is Top U.K. a! Firm as e#enue Falls  . $loomberg $usiness!ee%. & 'ul *+*. etrie#ed  Ma *++. ' Jump up ^   It-s a %ind of magic  . The a! a/ette. + Ma **0. etrie#ed  Ma *++. *' Jump up ^  #aw(ritannia #egal Clossary/ 2nline UK #aw .areers .ounselling
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