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The Magic Circle

The Magic Circle refers to a concept often used in law and business to describe a group of prestigious law firms who dominate the legal market, particularly in the United Kingdom. These firms are known for their high-profile clients, substantial revenue, and competitive salaries. Membership in the Magic Circle is seen as a mark of excellence and influence in the legal profession. The term reflects the idea of an exclusive environment where top firms operate, setting standards for legal practice and attracting the best legal talent.