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Headquarters | London, United Kingdom |
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No. of offices | Two (London and Brussels)[1] |
No. of lawyers | Approximately 600[2] |
No. of employees | Approximately 940[2] |
Major practice areas | General practice |
Key people | Sebastian Prichard Jones[3] (Senior Partner) Luke Powell[3] (Managing Partner) Katherine Milliken[3] (Chief Operating Officer) |
Revenue | £303.7 million (2021/22)[4] |
Profit per equity partner | £2.48 million (2021/22)[4] |
Date founded | 1875 (London) |
Company type | Limited liability partnership |
Website | www.macfarlanes.com |
Macfarlanes LLP is a London-based law firm.
In 2021/22, Macfarlanes achieved total revenues of £303.7 million and profits per equity partner of £2.48 million, respectively the 28th-largest and 2nd-highest among UK-based law firms.[4] It is regarded as forming part of the "Silver Circle" of leading UK law firms.[5][6][7][8]
History
Macfarlanes was founded in the City of London in 1875 by George Watson Neish.[3] In 1894 Neish was joined in partnership by John Embleton Macfarlane and the firm moved to premises in Watling Street.[3] The firm's offices suffered bomb damage during the Second World War. In 1958, the firm moved to a new office, Dowgate Hill House. In 1962, the firm adopted its current name Macfarlanes, named after then-senior partner Craig Macfarlane.[3] The firm has grown organically over the years to its current size and has never merged.[3]
Vanni Treves was the firm's senior partner from 1987 to 1999.[8][9] Macfarlanes converted to a limited liability partnership in May 2008.[10]
In September 2010, Macfarlanes advised Four Seasons Health Care, the largest UK-based care home group, on the restructuring of its £1.6 billion debt facilities.[11] In October 2010 the firm announced that it would be introducing a new senior solicitor level from early 2011.[12] In July 2012 Macfarlanes advised Stanhope, backed by Mitsui Fudosan UK and the Alberta Investment Management Corporation, on its purchase of the BBC Television Centre.[13]
In January 2012, Macfarlanes was joined by a nine-strong team from the boutique specialist hedge fund law firm, D Harris & Co International Limited, to complement the firm's existing hedge funds practice.[14]
In September 2013, Macfarlanes advised Verizon Communications on its acquisition of Vodafone's 45 per cent interest in Verizon Wireless for $130 billion,[15] one of the biggest deals in corporate history.[16]
It was named Law Firm of the Year at the British Legal Awards 2014[17] and UK Law Firm of the Year 2015 at the Chambers Europe Awards for Excellence.[18] In 2023, Macfarlanes was shortlisted for City Law Firm of the Year at The Lawyer Awards.[19]
In recognition of the firm's efforts to widen its talent pool and improve access to the legal profession,[20] Macfarlanes won Best Social Mobility Strategy at the targetjobs National Graduate Recruitment Awards 2023.[21]
Main practice areas
Macfarlanes' main practice areas are:[22]
- Antitrust/competition
- Commercial, brands, IP and IT
- Construction and engineering
- Corporate and M&A
- Derivatives and trading
- Employment
- Finance
- Financial services regulation
- Insurance
- Investment management
- Lawtech
- Litigation and dispute resolution
- Pensions and pensions de-risking
- Private capital solutions
- Private client
- Private equity
- Public policy
- Real estate
- Restructuring and insolvency
- Reward
- Tax
List of senior partners
- Herbert James (1984-1987)
- Vanni Treves (1987-1999)
- Robert Sutton (1999-2008)
- Charles Martin (2008-2020)
- Sebastian Prichard Jones (2020-)
Notable alumni
Notable alumni of Macfarlanes include:
- David Gauke, Conservative MP and former Lord Chancellor and Secretary of State for Justice
- Sir David Tang, noted socialite (joined as a trainee solicitor, but left before completing his training contract)
- Vanni Treves CBE, former senior partner of the firm and chairman of Channel Four Television Corporation
References
- ^ "Contact us". Macfarlanes. Retrieved 11 January 2018.
- ^ a b "Macfarlanes". The Lawyer. Retrieved 25 October 2010.
- ^ a b c d e f g "Key Facts". Macfarlanes. Retrieved 26 October 2010.
- ^ a b c "UK Top 50 Full Results: PEP Hits a Wall As Uncertainty Lingers". Legal Week. 15 September 2020. Retrieved 18 February 2021.
- ^ "Silver Circle". The Lawyer. 3 September 2007. Retrieved 25 October 2010.
- ^ "'Silver circle' firms upset the legal order". The Times. 28 August 2005. Retrieved 25 October 2010.
- ^ "Focus: Macfarlanes: Mac to the future". The Lawyer. 1 November 2010. Retrieved 3 November 2010.
- ^ a b "Macfarlanes". Legal Week. 14 December 2009. Retrieved 26 October 2010.
- ^ "Corporate charmer coaxing cash for children's charity". The Guardian. 9 May 2008. Retrieved 26 October 2010.
- ^ "New chief spearheads Macfarlanes' LLP switch". The Lawyer. 6 May 2008. Retrieved 10 October 2012.
- ^ "Macfarlanes instructed on Four Seasons Debt Restructure". The Lawyer. 20 September 2010. Retrieved 23 August 2011.
- ^ "Macfarlanes introduces senior associate tier". The Lawyer. 25 October 2010. Retrieved 26 October 2010.
- ^ "Macfarlanes, Hogan Lovells switched on for £200m BBC TV Centre sale". Legal Week. 18 July 2012. Retrieved 14 January 2012.
- ^ "Macfarlanes bolts on boutique in funds boost". The Lawyer. 16 January 2012. Retrieved 15 October 2012.
- ^ Beioley, Kate. "Macfarlanes and Slaughters lead as Verizon buys Vodafone stake". The Lawyer. Retrieved 9 September 2013.
- ^ Peston, Robert (2 September 2013). "BBC News - Vodafone sells Verizon stake for $130bn". BBC News. Retrieved 9 September 2013.
- ^ "Macfarlanes, Mishcon de Reya and LV among prize winners at British Legal Awards 2014". LegalWeek.com. Retrieved 2 December 2014.
- ^ "Winners". Chambers Europe. Retrieved 18 May 2015.
- ^ "The Lawyer Awards 2023: Who's made the shortlist". The Lawyer. 22 May 2023. Retrieved 22 May 2023.
- ^ "Macfarlanes recognised for Best Social Mobility Strategy at targetjobs National Graduate Recruitment Awards 2023". Macfarlanes. 22 May 2023. Retrieved 22 May 2023.
- ^ "Targetjobs Award Winners 2023". Macfarlanes. 22 May 2023. Retrieved 22 May 2023.
- ^ "Practice areas". Macfarlanes LLP. Retrieved 22 August 2015.