Withers

One of the City's oldest blue blood private client practices, the past decade has seen Withers take everyone by surprise with a US merger and an international roll-out to some pretty flashy locations. The merger was intended to create the "world's first international law firm dedicated to the globally wealthy". And the firm certainly represents a significant number of the wealthiest individuals and families in Asia, Europe and the US, and has offices - amongst other places - in Milan, Geneva, Hong Kong, New York and the BVI. In the UK alone it acts for nearly a quarter of the Sunday Times Rich List. I say. It now calls itself 'Withersworldwide'.

The firm has been actively chasing wealthy families to wherever they lay their hats. At the end of 2014 it formed an alliance in Australia to tap its private client market. In 2015 it went on an office-opening spree as it formed an alliance in Singapore, opened three new California offices in San Diego, Rancho Santa Fe and Los Angeles, and also set up shop in Tokyo via an affiliated firm. Which means it can comfortably boast having one of the largest private client practice in the world. NB it calls its Managing Partner, Margaret Robertson, a CEO. 

The workforce across the board has expanded, and firm has had some terribly trendy clients including Matthew Williamson, Lulu Guinness, and Max Mara. Elsewhere, they service several charities of note, plus plenty of nameless Russian oligarchs and assorted very high net worth individuals, dealing with estate planning, marriages, divorces, and deaths and all the gubbins that goes with it.

Of course, Withers does other stuff too - corporate, litigation, property - but given the huge focus on private client work (which feeds plenty of work to the other departments), it's unsurprising that assistants report a "good" work-life balance. As a result, pay is not at Magic Circle levels - however rich an individual might be there is only so much you can charge for a will.

In terms of career development, one lawyer says the responsibility you get is "very good", in fact the level of it is "baffling". Insiders speak fondly of the people who make up the firm as a "Great bunch of colleagues", and declare it the "best private client firm by a mile". Another says the pay "isn't great", but bear in mind he's comparing it to "all the ludicrously well off clients".

Appropriately for such a thrusting outfit, it's not as fossilized as many private client firms (mentioning no names). Its London office (which we're told does not smell of wet Labrador) is a swanky glass structure in Old Bailey and it appointed the first female senior partner in the City back in 1999 when such things were largely unheard of. So that's something.

If it's trying to be a forward-looking version of the usually staid private client world, Withersworldwide certainly seems to be doing a good job of it.

NB on pay, the 2&3PQE salaries in the boxes are the middle points in a band. The 2PQE band is £74k-76k, and the 3PQE band is £77k-84k.

 

Offices

HQ
London
UK Offices
Cambridge, London
Non-UK Offices
British Virgin Islands, Geneva, Greenwich, Los Angeles, Melbourne, Milan, New Haven, New York, Padua, Rancho Santa Fe, San Diego, San Francisco, Sydney

Salary

1st Year Trainee
£45,000
2nd Year Trainee
£49,000
NQ
£90,000
1 PQE
-
2 PQE
-
3 PQE
-
Profit Per Equity Partner
-

Benefits

Target Hours
1400
Allowance
25
Bonus
Yes
Gender Pay Gap
-
Health Care
Yes
Flexible Working
Yes
Maternity & Paternity Policy
Enhanced

Trainees

Latest Trainee Retention Rate
96%
Training contracts per year
13

RollOnFriday Best Law Firms to Work At: Withers’s scores

Overall
-
Pay
-
Career Development
-
Management
-
Culture
-
Work/Life Balance
-

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