Ah, this old chestnut – keep drinking the Kool-Aid. Although a rather old-fashioned term, the phrase ‘the Magic Circle’ has only been used since the late 1990s; before then, the prestigious law firms were called the “Club of Nine”, and included Lovells (now Hogan Lovells), Norton Rose (now Norton Rose Fulbright), Herbert Smith (now Herbert Smith Freehills) and Stephenson Harwood. Reduce salaries but keep people on. What do you think? There is no way the majority of application reviewers will go through grades with a fine-tooth comb. and "At the end of the day we see ourselves as one of the leading global law firms, not one of the leading Magic Circle firms". Registered office at Floor M, 10 York Road, London, SE1 7ND SJ Berwin merged with the Hong Kong-headquartered law firm King & Wood Mallesons on 1 November 2013, becoming the fourth member of its Swiss Verein structure. The silver circle, as defined by The Lawyertwo years ago, consists of firms ranked below the magic circle in terms of turnover that can boast an average profit per equity partner (PEP) and average revenue per lawyer (RPL) far above the UK average. part of the pain COVID-19 is inflicting by getting ‘only’ a 90% pay rise. The legal services sector of the United Kingdom is a significant part of the national economy; it had a total output of £22.6 billion in 2013, up from 10.6 billion in 2001, and is equivalent to 1.6% of the country's gross domestic product for that year. Their wisdom will help you make good choices. This is not fair. The work undertaken by the department is mostly non-contentious and involves a lot of direct client contact. 2. The firm itself will be billing them out much higher at associate rates. I would rather have lower pay than no pay at all.

[1] [3] Contrary to what the term 'Silver Circle' may suggest, there is no Golden Circle. It was like talking to a brick wall that happened to know a lot about capital markets.
SJ Berwin was a member of the "Silver Circle" of leading UK law firms. I will add that Joining a silver circle is a much better bet these days- decent pay, more responsibility and an least an attempt to give you your life back outside of the office. Some 27% of the world's 320 legal jurisdictions use English Common law. A 2:2 in one module will do that to you.

Of course no one would prefer to work for a company that treats you like shit that goes without saying. Your module grades could then be assessed against your A-levels. It’s a completely fair compromise.

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