Travers Smith
Never ones for fanfare, we have spent the past 150 years quietly building a reputation for excellence. The key to our reputation is an uncompromising focus and iron grip on quality control. This, when allied to one of the highest retention rates in the City, means we are able to present clients with consistent teams of uniformly excellent lawyers.
Our partners are to the fore throughout every transaction and they lead small, close-knit teams that stay with clients for the long-term, allowing them to develop real relationships with our clients and a genuine in-depth understanding of their business. Our size allows us to be entrepreneurial in approach and exceptionally efficient. We fight only the battles that are worth winning, focusing all the time on the results we can achieve for our clients rather than the points we can score. This approach has attracted a long and loyal list of clients to our firm.
We are currently around 250 lawyers. We have grown steadily over the years and continue to grow; but it has been a carefully controlled organic growth rather than expansion by merger which could, we believe, lead to a dilution of both our culture and the quality of our service.
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Disguised remuneration and its impact on carried interest and co-investment arrangements
2011's Finance Act introduced far-reaching anti-avoidance provisions referred to as the disguised remuneration rules. These rules could potential apply to the acquisition of and returns from carried interest or an interest in a co-invest vehicle.