The firm
Freeth Cartwright now operates from five cities (Nottingham, Derby, Leicester, Manchester and Birmingham), extending well beyond its East Midlands roots in terms of offices and recognition for practices such as the construction group. The corporate team has a strong track record in care sector acquisitions and financings, and the firm also has extensive experience in motorsport matters where clients include the Formula One Grand Prix Drivers' Association.
The star performers
Banking and finance; Commercial litigation; Commercial property; Construction; Corporate and commercial; Employment; Environment; Family; Insolvency and corporate recovery; IT; IP; Licensing; Personal injury and clinical negligence; Personal tax, trusts and probate; Planning; Private finance initiative; Professional negligence; Social housing; Sport.
The deals
Acted on £17m MBO of Cranswick Pet & Aquatics; advised Belle Group in its merger with French construction plant manufacturer Altrad; acted on £18.4m sale of Birchwood Group Holding Ltd; advising Balfour Beatty on the construction of the Olympic Aquatic Centre; advised on the promoter's contract for World Championship fight between Ricky Hatton and Juan Lazcano.
The clients
Aldi; Barratt Homes; Co-operative Bank; Derby City Council; Experian; Lafarge; Lloyds TSB Acquisition Finance; Mansell; Nottingham County Council; Network Rail; Norwest Holst.
The money
(from Legal Business magazine)
Turnover in 2008: £33.5m (+8% from 2007) Profits per equity partner: £231,000 (+1%)
The Lex 100 verdict
'Large enough to be able to give good quality work with major clients, but small enough to know the majority of people' says one Freeth Cartwright trainee. This sounds like a good combination, especially if you like the sound of chunky deals with a good spread of private equity, sales and MBOs. Be prepared for a challenge - trainees speak of taking client meetings on their own and high levels of responsibility. You'll need to be confident to thrive and cope with the steep learning curve ('right at the beginning I felt so out of my depth I could have cried'). The upside is exciting work ('very high profile motor sport dispute') and the satisfaction of seeing deals through to completion. The firm operates out of five cities and as a trainee you'll get the chance to work in more than one office which many say is great for getting to know everyone. In common with other firms spread across the different regions, there are some complaints about a 'lack of communication sometimes between different departments/teams, particularly across different offices, while you should be working together as a firm'. However, others applaud the firm's expansionist strategy that's seen it grow from East Midlands roots into Manchester and Birmingham in the last couple of years. There are also positive reports of the social life and the friendly working atmosphere, making Freeths a good choice for ambitious individuals keen to make their mark in a firm where it 'never feels as though you are simply a number on the list'.