WHEN I studied law at university many moons ago there was the “Magic Circle” of City law firms. Remarkably, given the time that has elapsed, there still is.
The only difference between now and then is that there were six practices in this elite group: Slaughter and May, Linklaters, Freshfields, Allen & Overy, Clifford-Turner and Coward Chance. These last two merged, so today there is the original four with the addition of Clifford Chance.
