Macfarlanes Explained

Firm Name:Macfarlanes LLP
Headquarters:London, United Kingdom
Num Offices:Two (London and Brussels)[1]
Key People:Sebastian Prichard Jones[2]
(Senior Partner)
Luke Powell
(Managing Partner)
Katherine Milliken
(Chief Operating Officer)
Practice Areas:General practice
Revenue:£303.7 million (2021/22)[3]
Profit Per Equity Partner:£2.48 million (2021/22)
Num Lawyers:Approximately 600[4]
Num Employees:Approximately 940
Date Founded:1875 (London)
Company Type:Limited liability partnership
Homepage:www.macfarlanes.com

Macfarlanes LLP is a London-based law firm.

In 2021/22, Macfarlanes achieved total revenues of £303.7 million and profits per equity partner of £2.48 million, respectively the 28th-largest and 2nd-highest among UK-based law firms.[3] It is regarded as forming part of the "Silver Circle" of leading UK law firms.[5] [6] [7] [8]

History

Macfarlanes was founded in the City of London in 1875 by George Watson Neish.[2] In 1894 Neish was joined in partnership by John Embleton Macfarlane and the firm moved to premises in Watling Street.[2] The firm's offices suffered bomb damage during the Second World War. In 1958, the firm moved to a new office, Dowgate Hill House. In 1962, the firm adopted its current name Macfarlanes, named after then-senior partner Craig Macfarlane.[2] The firm has grown organically over the years to its current size and has never merged.[2]

Vanni Treves was the firm's senior partner from 1987 to 1999.[8] [9] Macfarlanes converted to a limited liability partnership in May 2008.[10]

In September 2010, Macfarlanes advised Four Seasons Health Care, the largest UK-based care home group, on the restructuring of its £1.6 billion debt facilities.[11] In October 2010 the firm announced that it would be introducing a new senior solicitor level from early 2011.[12] In July 2012 Macfarlanes advised Stanhope, backed by Mitsui Fudosan UK and the Alberta Investment Management Corporation, on its purchase of the BBC Television Centre.[13]

In January 2012, Macfarlanes was joined by a nine-strong team from the boutique specialist hedge fund law firm, D Harris & Co International Limited, to complement the firm's existing hedge funds practice.[14]

In September 2013, Macfarlanes advised Verizon Communications on its acquisition of Vodafone's 45 per cent interest in Verizon Wireless for $130 billion,[15] one of the biggest deals in corporate history.[16]

It was named Law Firm of the Year at the British Legal Awards 2014[17] and UK Law Firm of the Year 2015 at the Chambers Europe Awards for Excellence.[18] In 2023, Macfarlanes was shortlisted for City Law Firm of the Year at The Lawyer Awards.[19]

In recognition of the firm's efforts to widen its talent pool and improve access to the legal profession,[20] Macfarlanes won Best Social Mobility Strategy at the targetjobs National Graduate Recruitment Awards 2023.[21]

Main practice areas

Macfarlanes' main practice areas are:[22]

List of senior partners

Notable alumni

Notable alumni of Macfarlanes include:

External links

Notes and References

  1. Web site: Contact us. 11 January 2018. Macfarlanes.
  2. Web site: Key Facts. 26 October 2010. Macfarlanes.
  3. News: UK Top 50 Full Results: PEP Hits a Wall As Uncertainty Lingers. 18 February 2021. Legal Week. 15 September 2020.
  4. News: Macfarlanes. 25 October 2010. The Lawyer.
  5. News: Silver Circle. 25 October 2010. The Lawyer. 3 September 2007.
  6. News: 'Silver circle' firms upset the legal order. 25 October 2010. The Times. 28 August 2005.
  7. News: Focus: Macfarlanes: Mac to the future. 3 November 2010. The Lawyer. 1 November 2010.
  8. News: Macfarlanes. 26 October 2010. Legal Week. 14 December 2009.
  9. News: Corporate charmer coaxing cash for children's charity. 26 October 2010. The Guardian. 9 May 2008.
  10. News: New chief spearheads Macfarlanes' LLP switch. The Lawyer . 6 May 2008 . 10 October 2012 .
  11. News: Macfarlanes instructed on Four Seasons Debt Restructure. 23 August 2011. The Lawyer. 20 September 2010.
  12. News: Macfarlanes introduces senior associate tier. 26 October 2010. The Lawyer. 25 October 2010.
  13. News: Macfarlanes, Hogan Lovells switched on for £200m BBC TV Centre sale. 14 January 2012. Legal Week. 18 July 2012.
  14. News: Macfarlanes bolts on boutique in funds boost. 15 October 2012. The Lawyer. 16 January 2012.
  15. Web site: Beioley. Kate. Macfarlanes and Slaughters lead as Verizon buys Vodafone stake. The Lawyer. 9 September 2013.
  16. News: Peston. Robert. BBC News - Vodafone sells Verizon stake for $130bn. BBC News . 2 September 2013 . 9 September 2013.
  17. Web site: Macfarlanes, Mishcon de Reya and LV among prize winners at British Legal Awards 2014. LegalWeek.com. 2 December 2014.
  18. Web site: Winners. Chambers Europe. 18 May 2015.
  19. News: The Lawyer Awards 2023: Who's made the shortlist. 22 May 2023. The Lawyer. 22 May 2023.
  20. News: Macfarlanes recognised for Best Social Mobility Strategy at targetjobs National Graduate Recruitment Awards 2023. 22 May 2023. Macfarlanes. 22 May 2023.
  21. News: Targetjobs Award Winners 2023. 22 May 2023. Macfarlanes. 22 May 2023.
  22. Web site: Practice areas. 22 August 2015. Macfarlanes LLP.