Herbert Smith

Herbert Smith

Infobox English Law Firm
firm_name = Herbert Smith
firm_
headquarters =
num_offices = 12
num_lawyers = 1200
practice_areas = General practice
revenue = profit $840 million
date_founded = 1882 (London)
company_type = Limited liability partnership
homepage = [http://www.herbertsmith.com www.herbertsmith.com]

Profile

Herbert Smith LLP is a prestigious international law firm, with its headquarters based in London. The firm was founded in the City of London in 1882 by Norman Herbert Smith and today has 230 partners and 1,200 fee-earners. It is widely considered to be the UK's leading litigation practice [ [http://asia.vault.com/nr/uk-lawrankings.jsp?uklaw2008=4&ch_id=242&pa=1 Law Firm Rankings: The Vault Top 50 UK Law Firms ] ] [ [http://www.chambersandpartners.com/uk/resultseditorial.aspx?cid=6&pid=1148&solbar=1 Chambers and Partners : Chambers UK Guide All Editorial ] ] .

The firm has offices in London, Brussels, Paris, Moscow, Dubai, Hong Kong, Shanghai, Beijing, Singapore, Tokyo, Abu Dhabi and Bangkok, with an associated office in Jakarta [ [http://www.herbertsmith.com/Locations/ Herbert Smith LLP - a leading and full-service international legal practice - Locations ] ] . The firm also has a highly regarded India practice which operates out of its international offices. [ [http://www.herbertsmith.com/Locations/HerbertSmithIndia/ Herbert Smith LLP - a leading and full-service international legal practice - Our India expertise ] ]

Herbert Smith has a formal alliance with German law firm Gleiss Lutz and Benelux law firm Stibbe. The firm also works closely with a number of US firms, including, Cravath, Swaine & Moore and Simpson Thacher & Bartlett. In Saudi Arabia the firm has a formal alliance with local firm Al Ghazzawi Professional Association (GPA). Its clients include: BAA, BP, BSkyB, Coca Cola, Eurotunnel, Goldman Sachs, Merrill Lynch, The Tata Group, Time Warner and Vodafone

After initial specialisation in the early part of the 20th century in company flotations and advising mining companies, the firm's more recent reputation rests on a combination of its litigation and its corporate capability (M&A and equity capital markets in particular). The firm is now growing its finance practice. Other practices it has include real estate, energy, and competition.

In 2007, The Lawyer magazine awarded Herbert Smith Corporate Team of the Year and Litigation Team of the Year [ [http://www.thelawyer.com/lawyerawards/2007/index.html The Lawyer Awards 2007 ] ] . This twin specialisation in the most complex corporate and dispute resolution work is perhaps the firm's biggest strength and sets it apart from most of its UK-headquartered rivals.

Herbert Smith is considered by some media, including Legal Business magazine, to be a member of the "Magic Circle", a group of leading Anglo-Saxon law firms. According to Hemscott's Corporate Advisers Ranking Guide, published in September 2008, the firm is principal or joint corporate adviser to 19 of the UK's FTSE 100 companies, the third highest total [http://www.legalweek.com/Articles/1159040/Slaughters+retains+FTSE+client+rankings+top+spot.html] . It is also positioned 8th for the total market [ [http://www.hemscott.com/advisers/adviser-rankings/law-firm-rankings.do Hemscott Corporate Advisers Rankings - Law Firms] ] .

The firm's standing in equity capital markets was reflected in Bloomberg's 2006 IPO rankings, where the Herbert Smith-Gleiss Lutz-Stibbe alliance was ranked third overall for advice to managers of European IPOs. The firm was also ranked 5th for advice to issuers on European IPOs. Globally, the alliance was ranked 4th in Bloomberg's 2006 Global IPO issuer table. The firm's Asian practice ranked number one in Bloomberg's Hong Kong and China IPO Legal Adviser table for the second consecutive year.

Its revenue was £334 million in 2007, making it the 9th largest firm by fee income in the UK. In 2008 revenues rose 25% to £422 million and profits-per-equity partner rose by a similar proportion to break the £1 million level for the first time [ [http://www.legalweek.com/Articles/1125582/Profits,+fees+up+25+as+Herbies+tops+1m+PEP.html Profits, fees up 25% as Herbies tops £1m PEP - Legal Week, legal news, comment, events and legal jobs ] ] .

References

External links

* [http://www.herbertsmith.com Herbert Smith website]
* [http://www.thelawyer.com/cgi-bin/item.cgi?id=128752 Herbert Smith profile at TheLawyer.com]
* [http://legalweek.com/Navigation/36/Articles/1000129/Herbert+Smith.html Herbert Smith on Legalweek.com]


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