Travers Smith has, for a long time, enjoyed a strong reputation in the U.K. legal industry. With well-recognised transactional talent, a stable partnership and solid financial performance, it meant for many years it was a destination of choice for many young lawyers.
But the late ninetines and early noughties culture that Travers once flourished in is no more, with price pressures from clients and an ever increasing competitive atmosphere heightened by the march of U.S. led law firms in London now proving difficult for all firms to contend with.
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