Click here to access full coverage of Shoosmiths in The Lawyer UK 200 2014. Featuring the UK's leading law firms ranked by turnover, as well as extensive benchmarking data, the report is a comprehensive market intelligence resource for the UK legal sector.
Shoosmiths’ highlight in 2012 was its merger with Edinburgh’s Archibald Campbell and Harley — creating ACH Shoosmiths in Scotland — with a focus on real estate, retail, litigation and recoveries for lenders.
Chief executive Claire Rowe is seeking to build on the firm's position as a national 10-office full-service commercial law adviser with clients that include Hewlett-Packard, Krispy Kreme and a growing number of FTSE 250 clients.
A 2012 flagship deal saw Shoosmiths’ corporate team help client Hitachi Rail Europe secure a £4.5bn contract to build and service new trains for the next 30 years.
The firm’s Access Legal consumer arm should continue to deliver valuable referrals, albeit with a smaller team following a shift away from bulk personal injury work. The firm also expects to grow its private client practice.
Shoosmiths’ total revenue fell by £3m for 2011–12 to £84m, a 3.5 per cent drop. Turnover had fallen by the same sterling amount in 2010–11, from £90m in 2009–10 to £87m.
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Briefings from Shoosmiths
On 10 January 2015, new EU rules on jurisdiction and enforcement of judgments in civil and commercial matters came into effect as a result of the Brussels Regulation (recast).
The FCA’s new business plan reveals that financial crime is now one of its most important areas of focus.
Analysis from The Lawyer
Compliance and corporate governance codes for large financial institutions will undoubtedly include provisions to regulate high pay in the future
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