Fast Track

Fast Track is the easiest way to get a training contract or vac scheme. It puts you in touch with some of the best firms in the UK and all in under five minutes. If you type fast.

TCs here

Want to know more about the training contracts at individual firms? Training Applications features brochures, information and application details for leading firms.

UK City Firms

Simmons & Simmons (London)

Our view....

Simmons' traditional problem has been that it was rarely principal adviser to top companies and found it difficult to cream off the best work as a result. Although it has plenty of major clients such as JP Morgan, Deutsche Bank and Credit Suisse, when the big deal comes along it is consistently overlooked. A few years back the firm underwent a strategic review with the aim, amongst other things, of addressing this and focussing on the type of client for whom it wanted to act. It is now concentrating on five key sectors: Asset Management & Investment Funds, Energy & Infrastructure, Financial Institutions, Life Sciences and Technology, Media and Telecommunications. The ambition is that whilst it can't compete with the biggest firms on everything, it should be in the running on any deal that falls within these areas.

Given the rise in profits this has clearly started to pay dividends. Although it used to be fair to say that the firm's financial performance lagged behind some of its competitors, the breadth of the firm's practice meant that it managed to hedge somewhat against the downturn, whilst other firms who focused exclusively on big ticket corporate work found that they had a lot of salaries to pay and precious little work coming through the door.

Simmons also benefits from a stellar reputation in some niche areas of the market. Its employment team is without a doubt one of the the best in the City, with anyone who's anyone gracing the client books. It's also one of the best firms for IP and life sciences work, acting for clients such as GlaxoSmithKline and Bacardi. The IT team has got the Indian outsourcing market pretty much sewn up, the projects group is excellent, and litigation has been consistently busy and profitable. High profile sexy clients include HMV and Virgin Media.

It even seems to be making progress in its achilles heal of international expansion. And with over 20 offices worldwide, trainees can expect a trip out to any number of exotic and glamorous locations. Or Dubai (where, to be fair, it's supposedly a great laugh - though there were redundancies in 2012).

On top of that, Simmons is widely considered one of the more laid back firms at which to work and its got pretty swanky offices at City Point (complete with Damien Hirst art and a neon sign saying "trust me" outside the lecture hall). Assistants comment that "the work is really interesting and big ticket, and the hours are relatively civilised", and "everyone has a friendly and approachable attitude". How very jolly. Well, almost. There are gripes that there are "imposed daily time recording targets for all fee earners with angry email alerts if 10 seconds are missing!"  And, while "the firm is a great place to work", the "feeling at the moment in the associate ranks is that the firm wants to work associates harder, with little prospect of increased remuneration to reflect that". The good reportsalso don't change the fact that associate attrition is rumoured to be high - especially with pay being nothing special and the bonus metric incomprehensible.

A job lot of trainees were deferred in 2009 when the firm simply didn't have the capacity to employ them - but at least they got to do a special MBA (and received a generous stipend for doing so). Having said that, reports reach us that there are still too many trainees around - and you may find yourself doing work which - in busier times - would be considered secretarial. The firms' now dumped the MBA. And retention rates haven't been amazing - seven out of thirteen trainees were kept on in March 2016.


Salary (1st seat trainee): £37,500
Salary (NQ): £59,000
Salary (1PQE): £66,000
Salary (2PQE): £75,000
Salary (3PQE): £78,000
Salary (Salaried partner):

Bonus Scheme

Bonus scheme: Yes
Typical bonus as % of salary
- NQ: %
- 1PQE: %
- 2PQE: %
- 3PQE: %
- 4PQE: %
- 5PQE: %
- Partner: %


Grant for GDL: £6,500
Grant for LPC: £7,500
Training places per year: 40
% of trainees retained: 72%

RollOnFriday Firm of the Year Scores

Salary: 63%
Development: 72%
Work/Life: 57%
Openness: 65%
Biscuits: 68%
Toilets: 71%
Social: 72%
Firm of the year overall score: 66%


Holiday allowance: 25+
Flexi holiday: Yes
Pension: Group Flexible Retirement Plan, 5% contribution from the firm
Healthcare: Yes
Maternity policy: 26 weeks at 100% average weekly earnings + 13 weeks at Statutory Maternity Pay and remaining 13 weeks unpaid
Target hours: 1700
Childcare vouchers: Yes
Gym: Gym allowance to help with cost of membership
Restaurant: Yes, subsidised
24 hour photocopying support: Yes
24 hour secretarial support: Yes
Other: Music lessons and a range of flexible benefits


News Stories

Exclusive: Simmons & Simmons refuses to say if NQs are on temp contracts
Something smells fishy ... read more > (5 comments)
Exclusive: Simmons & Simmons chops lawyers
“Hush hush” redundancies across banking, corporate and real estate ... read more > (24 comments)
SRA launches probe into Panama Papers law firms
Start the shredder! ... read more > (6 comments)
Exclusive: Simmons & Simmons shamed for tweaking retention figures
Err, that's 54% trainee retention, not 77%. Naughty naughty ... read more > (6 comments)
Simmons & Simmons closes down Abu Dhabi office
Another one bites the sand ... read more > (4 comments)
Exclusive: Simmons & Simmons Managing Partner threatened with imprisonment
After firm welched on deal ... read more > (10 comments)
CMS defends poor trainee retention result
Full round-up of where trainees are getting jobs ... read more >
Official: law firms are gay-friendly
Ten make the top 100 Stonewall list ... read more > (8 comments)
City firms start pulling in more cash
The market finally improves ... read more > (3 comments)
Exclusive: Simmons & Simmons admits it's behind its competitors
Managing Partner laments woeful billables ... read more > (18 comments)

Your Views

Feel free to enter your comments on the news story below, subject to our terms and conditions. Please note that comments are subject to moderation and so will not appear immediately.

Please keep it nice. Thanks.

anonymous user
02/07/2016 16:37
Rate it
Report as offensive
Ridiculously out of date.
First seat: £40k. Second seat: £45k. NQ: £68k