The firm
Michelmores is based in Exeter and also has an expanding London office which recently announced three significant lateral hires at partner level. Following the appointment of a new managing partner and ambitious plans to treble in size over the next five years, this firm is certainly one to watch. The corporate practice advised on more than 50 deals worth over £90m in 2008.
The star performers
Banking and finance; Charities; Clinical negligence (claimant); Commercial litigation; Commercial property; Corporate and commercial; Insolvency; Intellectual Property/Information Technology; Local government; Personal tax, trusts and probate; Planning; Private Finance Initiative.
The deals
Acted for the University of Exeter in its £165m unsecured borrowings from two major banks; advised Faith Shoes on restructuring its £64m debts; advising Weymouth and Portland Council in connection with preparations for 2012 Olympics; advised St Modwen Properties plc on the agreement concluded with Devon County Council to develop £210m Skypark in Exeter.
The clients
Barratt Homes; DVLA; Flybe; Giraffe Media Ltd; Human Race Ltd; London Borough of Islington; Metropolitan Police Service panel; Renewable Energy Foundation; SITA Cornwall Trust Ltd; Wiltshire County Council.
The money
The Lex 100 verdict
If you're looking for one of the fastest growing UK firms which can offer both regional and City training experiences take a close look at the quietly confident Michelmores. This quality outfit offers the combination of top-notch work and the opportunity to work with lawyers who have moved from big firms (most partners are City-trained). Current trainees have high praise for their supervisors ('partners who are actually interested in what you're doing and what you think') and like the balance between enough responsibility without too much pressure. 'Supportive but they push you as well' says one, so expect to be running small cases on your own, as well as working on bigger claims and deals. One trainee enjoyed 'being given documents to draft from scratch in my first seat with total support and patience - best way to learn and felt like I was really learning the law'. Trainees would appreciate more social events but not of the client variety - they find the demands of 'having to attend countless events to serve food and drink or be on car park duty' frustrating, but the firm is taking steps to address this. There's high praise for the experience of working in London (Exeter trainees can spend a seat in the firm's Mayfair office), 'the exposure to the London market is invaluable', and trainees find this makes them 'carry on with regional work at a City standard'. Which sums up one of the main reasons Michelmores is such a popular choice with its clients and trainees alike.