The firm
Fox Williams is the creation of a group of innovative City partners who set up the firm in 1989. The practice has around 60 fee-earners and offers niche specialisms in areas such as partnership, employment and even fashion law. The e-business and technology sector is a leading strength, although 2008 was characterised by an increasing level of work from quoted (particularly AIM-listed) companies. Clients praise the partners for their 'experience and common sense'.
The star performers
Commercial property;Employment;Immigration;M&A (smaller deals up to £50m);Partnership.
The deals
Completed 48 M&A deals in 2008, with a total consideration of £370m; successfully acted for Vestra Wealth in its defence of injunction proceedings brought by UBS relating to a team move; represented Cluttons on the sale of its rural property division to Smiths Gore; continues to act for Chelsea FC, recently advising on proceedings brought by former director Paul Smith for unpaid bonus and salary.
The clients
Chelsea FC; Cluttons; Fidessa Group; M&C Saatchi; Vestra Wealth; Westbrook Partners
The money
The Lex 100 verdict
Trainees at Fox Williams particularly like their firm's 'collegiate atmosphere generated by the friendly people and the small number of staff'. They compare their experiences favourably with peers at other firms, feeling they have 'more partner contact, more client contact, greater responsibility and a sense that your work is actually being used'. There is no 'culture of being here just to be seen and I have not spent weeks chained to the photocopier'. The hours are good and the firm actively encourages trainees to have a life outside the office. The work is varied (from corporate to employment to fashion law) and interesting, and 'everyone takes the time to explain the background to the file when they give you work so you understand where it fits into the bigger picture'. Trainees also like the five-seat system, which gives you a taste of more departments, but is not as rushed as moving every four months. Trainees appear to feel at home here - they 'genuinely all like each other', there is no pressure to conform to a certain type and individuality is encouraged. It is a shame then, that once again, current trainees are not at all confident about their future with the firm - and worries about being kept on feature prominently among their concerns. Other downsides seem to be the money (they'd like more) and the lack of support staff (but this is a fairly common theme with smaller firms). These issues aside, trainees at Fox Williams seem happy with their day-to-day life here and receive thorough, hands-on training in a variety of interesting practice areas.