Advertisement
Last updated:
May 28, 2026

Stephenson Harwood

International
·
Founded 1875
Known for:
Shipping
Corporate / M&A
Litigation & Dispute Resolution
Visit firm website
11
offices globally
£309m
revenue 2025
£1m
profit per equity partner
135+
London partners

About

Stephenson Harwood

Stephenson Harwood is a mid-sized corporate law firm headquartered in London.

With a long City pedigree, Stephenson Harwood was founded 1875 as a small shipping-focused practice during London’s maritime heyday. Fast-forward a century, and the firm started to focus on expansion.

It was renamed Stephenson Harwood in 1977, became one of the first UK law firms to open in Hong Kong in 1979, and by the end of the 1980s was even regarded as a member of the so-called ‘Club of Nine’ - an informal grouping of the City’s most prestigious firms which would eventually evolve into the Magic Circle.

Its strict shipping focus saw it forced out of the Club of Nine in the 90s, but more expansion followed nonetheless. Stephenson Harwood merged with fellow shipping specialist, Sinclair Roche & Temperley, in 2002 and continued to grow its international footprint, opening offices in Singapore, Paris and Dubai.

Today, Stephenson Harwood has over 1,300 people on the books, including more than 200 partners and has quietly ascended to the mid-sized international firm ranks.

Its London HQ remains the heart of the operation, but the firm’s eight international offices scattered across Europe, Asia, and the Middle East give it a global veneer, while not being a truly global player.

Stephenson Harwood has carved out a solid reputation for high quality advice. While it’s not necessarily considered an ‘elite’ firm, it is highly regarded for its expertise in specific niches.

Its maritime roots remain a cornerstone of its practice, and it is widely recognised as a leader in shipping law. But the firm has successfully diversified into other areas, including litigation, mid-market corporate and M&A work, asset finance and real estate.

As for recent performance, it’s fair to say the firm was hit harder than most by the 2020-21 pandemic. Revenue flatlined - even falling slightly - during the period. Despite the challenges, Stephenson Harwood has bounced back with revenue and profits trending nicely upwards since 2022.

Recent work highlights

Recent deal and industry highlights for Stephenson Harwood include:

£82m acquisition of Science in Sport: In April 2025, Stephenson Harwood advised London-based private equity firm bd-capital on its £82 million take-private of AIM-listed sports nutrition company Science in Sport (SiS).

Acquisition of Addison Lee: Stephenson Harwood advised CityFleet Networks - part of Singapore-listed transport giant ComfortDelGro - on its £269 million acquisition of private car hire group Addison Lee in October 2024.

Private Equity Buyout of Lebara: Stephenson Harwood advised mobile network provider Lebara on its sale to European buyout house Waterland Private Equity in August 2024.

Advertisement
Advertisement

What is Stephenson Harwood known for?

Stephenson Harwood is a full service corporate law firm, with a strong focus on shipping and disputes. It is best known for its expertise in the following practice areas:

Shipping

Generally considered to have one of the City’s leading shipping practices, Stephenson Harwood advises maritime clients on the full range of shipping matters. It has a Band 2 ranking by Chambers for shipping advice.

Asset Finance

Strong across aviation, rail and shipping finance, the firm advises asset owners and lenders. It is highly ranked by Chambers across all asset finance classes.

Litigation

Stephenson Harwood has a highly-regarded commercial litigation practice, advising companies, private equity firms, financial institutions, governments and high net worth individuals on a wide range of disputes. It is ranked in Band 3 by Chambers for commercial litigation.

Financial performance

£309m
revenue 2024
£1m
profit per equity partner

Stephenson Harwood is among the top 25 biggest law firms in the UK by revenue. In 2024/25, its revenue was £309 million.

In 2024/25, its profit per equity partner (PEP) was £1 million.

London salaries

Here’s what Stephenson Harwood pays its London trainees and newly qualified (NQ) lawyers:

Trainee first year:
£50,000
Trainee second year:
£55,000
Newly qualified (NQ):
£105,000
See how Stephenson Harwood compares across all of the UK’s top law firms

Who does Stephenson Harwood compete with?

Stephenson Harwood competes with other leading mid-market players and shipping specialists including:

Trainee information

Training contracts
25
Seat structure
4 seats
Seat length
6 months
Find out more and apply for a training contract or vacation scheme at Stephenson Harwood

Other things to know

All-in on GenAI: Stephenson Harwood has an ambitious strategy to roll-out generative AI across the firm. As well as adopting flagship legal AI tool Harvey, the firm announced a partnership with AI platform Curvestone in October 2024.

Big Bonuses: Off the back of a record year in 2024/25, Stephenson Harwood paid outsized bonuses to top performers. Two managing associates received bonuses of more than 135%, while the firm’s global bonus pool increased to £6 million.

Share this profile

Copied to clipboard!