The firm
Finers Stephens Innocent has a widely respected media practice and acts for a range of publishing and broadcasting clients. The firm is also known for its commercial property, litigation and financial services expertise, and is praised by clients for its 'practical and business-savvy approach'. The private client department continues to flourish, with trusts and tax work for wealthy individuals a real strength.
The star performers
Commercial litigation; Commercial property; Corporate and commercial; Defamation and privacy; Education; Family; Media and entertainment; Personal injury (claimant); Personal tax, trusts and probate; Property finance; Property litigation.
The deals
Advised Dangerous Films on docudramas Moonshot and Rocketmen; completed around 20 deals with values up to £30m in 2008 including advice to NASDAQ-listed Global Traffic Group on its long-running £14.5m acquisition of a radio business; advised the tenant of large restaurant premises in Sloane Square in relation to its opposed application for a new tenancy.
The clients
CNN; Clydesdale Bank; Express Newspapers; Fashion TV Russia; RBS; Society of Authors; a large number of broadcaster, creative and celebrity clients
The money
(from Legal Business magazine)
Turnover in 2008: £22m (+9% from 2007) Profits per equity partner: £438,000 (+10%)
The Lex 100 verdict
Finers Stephens Innocent is a medium-sized firm with a good range of practice areas and some interesting niche specialisms. Trainees here compare their experiences favourably with peers at other firms, feeling they 'have more varied work, more responsibility and more client contact'. They have good and 'useful' in-house training sessions, but also a lot of on-the-job learning, where 'we get really involved in matters and the chance to work on our own with minimal supervision'. As we said last year, trainees here are happy with the size of their firm, which makes it a friendly and familiar place to work - 'big enough to offer a good variety of work but not so big you would ever feel lost in the crowd'. The location and feel of the firm are important too - Finers is not pigeonholed as City or Chancery Lane and this helps to make it feel less like a standard law firm. Trainees appear to really enjoy the work here - they find the clients 'interesting' and the firm is a Lex 100 Winner for client contact and the work 'challenging and diverse'. The high levels of responsibility from an early stage lead to some trainees finding their training 'more stressful than others' and 'working for several partners at the same time can be quite difficult'. Others agree that 'juggling the workload and balancing the needs of fee-earners' can be hard and 'more support is sometimes needed'. Trainees also comment that it can be difficult to get your first choice seats. These concerns (and coffee which has gone from 'bad' to 'hideous') aside, Finers Stephens Innocent is a good place to try if you're unsure about the City route and keen to get your hands on real work and interesting clients from early on in your training.