Case study: Farrer & Co

"We could have expanded massively last decade and made huge amounts of money, but if we had we would have had to slash and burn during the recession," comments Farrer & Co senior partner James Furber (pictured), encapsulating the conservative outlook one would expect from a law firm whose clients include the Royal Family. But private client-focused Farrers' refusal to overstretch during the boom now finds the firm in a position of such relative strength that it has recently been behaving rather out of character. The firm has made a host of lateral hires from the City that has seen partner headcount grow by 20% since this time last year. "We seem to have become a first stop for disaffected City lawyers," says Furber.

“We could have expanded massively last decade and made huge amounts of money, but if we had we would have had to slash and burn during the recession,” comments Farrer & Co senior partner James Furber (pictured), encapsulating the conservative outlook one would expect from a law firm whose clients include the Royal Family.

But private client-focused Farrers’ refusal to overstretch during the boom now finds the firm in a position of such relative strength that it has recently been behaving rather out of character. The firm has made a host of lateral hires from the City that has seen partner headcount grow by 20% since this time last year. “We seem to have become a first stop for disaffected City lawyers,” says Furber.

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