The Legal 500

Norton Rose LLP

3 MORE LONDON RIVERSIDE, LONDON, SE1 2AQ, ENGLAND
Tel:
Work 020 7283 6000
Fax:
Fax 020 7283 6500
DX:
85 LONDON
Web:
www.nortonrose.com
Warsaw, Toronto, Tokyo, Sydney, Singapore, Shanghai and 39 more

See the latest survey results from the 2012/13 edition of The Lex 100 - a student guide designed to show what working in a law firm is really like. For more information on the methodology of this survey please click here.

1. Survey results
2. The Lex 100 verdict
3. A Day in the life of
4. About the Firm
5. Facts & figures
6. APPLY NOW

For more information on this firm please click here


Follow Norton Rose
 

Survey results

 

The lowdown (in their own words...)

Why did you choose this firm over any others? 
 ''International opportunities'; 'six-seat rotation'; 'top-quality work'; 'global ambitions'; 'reputation as an employee-friendly firm'; 'fantastic vacation scheme'; 'specialism in Islamic finance'; 'it's going places'; 'encourages a work/life balance'
How does your training compare with peers' at other firms? 
 ''Slightly better hours in certain departments'; 'more client contact'; 'six-seat system is more beneficial as trainees get experience of more practice areas'; 'better working environment'; 'more opportunity for international secondments'; 'broadly similar'; 'better treatment compared to Magic Circle firms'
Best thing about the firm? 
 ''Prospect for growth'; 'superiors willing to give responsibility to those who are willing'; 'great building and facilities'; 'everyone is bright, capable and friendly'; 'breadth of departments and the presence of a strong transport group'; 'growing network of international offices'; 'the training programmes are good'
Worst thing about the firm? 
 ''Seemingly incomprehensible system of London/international seat allocation'; 'near a closing long hours can be the norm but this is to be expected'; 'variations between departments'; 'the coffee machine is regularly broken'
Best moment? 
 ''Running the closing meeting for a long-running and stressful deal mostly alone was a good experience and gave me some confidence that I could actually do the job'; 'spending four months in Singapore working on a very high-profile transaction'; 'receiving international press recognition for my part in a large deal'; 'doing my second seat in Amsterdam'; 'doing a presentation for a partner which was shown to leading experts in oil and gas at a conference'
Worst moment?
 ''An all-nighter in corporate'; 'spending many late hours redacting documents only to then discover the pens were inadequate and we had to start again!'; 'having an original document eaten by the scanning machine'; 'late-night bundling''

 The Verdict

The firm

From its impressive offices overlooking Tower Bridge and the Tower of London, Norton Rose has recently gained equally impressive strategic momentum and is challenging for a place at the top table of global firms thanks to a run of recent international mergers. The firm has added global coverage and emerging markets strength in Africa and elsewhere to its traditional focus on core areas such as transport, financial services, technology, energy and corporate finance. 

The star performers

Asset finance and leasing; Aviation; Commercial litigation; Corporate tax; Electricity, nuclear and renewables; Financial services; flotations; Insurance; Islamic finance; Investment funds; Mergers and acquisitions; Planning; Private Finance Initiative (PFI); Project finance; Rail; Trade finance.

The deals

Advised a consortium on a tender to expand Medina Airport, a project valued at $1.5bn; advised Lloyds on the sale of parts of its rail portfolio; advised Saudi Oger on the first stage of its financing for the development of security headquarters for the Ministry of Interior of Saudi Arabia; advised Inter Rao UES on a feasibility study to attract international investment into the development of the Baltic nuclear power plant; advised STAR Capital Partners on its divestment of Oxford Aviation Academy.

The clients

Al Faisal Holding Company; Allied London; Ernst & Young; HSBC; HSH Nordbank; Orange; PwC; RBS; Standard Chartered; Trinity Mirror; Visa Europe.

The Verdict

Trainees at Norton Rose are attracted by the firm's outstanding reputation and 'excellent' vacation scheme. With an 'international focus', 'breadth of departments' and a 'friendly and supportive environment', the City firm also encourages trainee development and provides 'regular and helpful' training courses. Additionally the supervision provided by partners and associates is of a 'high standard'. Current trainees also feel that the six-seat seat rotation allows them 'to make a better decision when it comes to qualification'. The firm also boasts market-leading finance, energy and insurance practices and has specialisms in areas such as Islamic finance. There is a 'get your hands dirty' culture, so expect a reasonable amount of responsibility from the off and the firm scores well for client contact ('the numerous client events I have been to provide a great opportunity to network and better understand the business of your clients'). A guaranteed seat abroad could see you going to any one of the firm's numerous international offices and there is also ample opportunity to do client secondments. However, while there is 'more flexibility in applying for each seat', some feel that the decisions regarding allocations can at times seem 'random'. There is also a natural variation between departments, meaning that you can find yourself working long hours in the bigger teams and this can have a knock-on effect on work/life balance. If you 'thrive on responsibility' and want the chance to work on big-ticket-deals for high-profile clients in a truly international environment then definitely consider Norton Rose.



 A day in the life of...

Victoria Walker

Victoria Walker second-year trainee, Norton Rose LLP 
Departments to date:  Asset finance (London and Singapore), corporate (London), aviation finance (Paris)
University: Exeter 
Degree: History 


I was offered the opportunity to spend four months on secondment in Singapore. I worked in the shipping finance team, which is part of the asset finance department. A typical day would be as follows:

7.45am:  Whilst in Singapore I was offered the opportunity to spend the next seat rotation in the Paris office. This was a chance that was too good to be missed but it also meant that I had to brush up my very limited French skills. I arrive at work early so that I can fit in a French lesson before everyone else arrives.

10.00am:  I check my to-do list and read the emails that I have received overnight. With a couple of deals on the go, I prioritise the tasks that are required urgently and make a note of the other tasks that need to be completed.

10.30am:  My supervisor calls me into a meeting so that I can be briefed on a new deal. The client informs us that they want to see a first draft of the documents as soon as possible. All other tasks are put on hold as I prepare first drafts of the security documents. This is great experience that allows me to obtain a better understanding of the elements involved in the transaction.

1.00pm:  I pop out for lunch with a couple of the trainees from Norton Rose and we meet the trainees from some other firms. There is a large trainee network in Singapore and we frequently arrange to meet for lunch and dinner as well as organising weekend trips abroad. Today we discuss last-minute preparations for our upcoming trip to Bali.

1.45pm:  I return to the office and give the first drafts of the documents to the associate that I am working with. Once they have been checked I will amend them as necessary before passing them on to my supervisor.

2.00pm:  I have received quite a few emails on a deal that I have been working on for a month or so. The client has requested some information that needs to be obtained from the borrower. I call the lawyers who are acting for the borrower and request the documents. I then respond to the client, informing them that the documents will be passed on to them once we have received them.

2.30pm:  One of the deals that I am working on is due to close in a few days. Before this can take place I need to check that all of the documents have been received and update the condition precedent checklist. Once I have updated the checklist, I circulate it via email to all the parties involved in the transaction. I also ensure that hard copies of all the necessary documents have been filed.

4.00pm:  I pop round to see the associate and she goes through a couple of changes that need to be made to the documents. I make the changes and then leave the documents for my supervisor to look at.

5.00pm:  One of our clients has requested a phone call regarding the status of the documentation and conditions precedent. It is my responsibility to run through the checklist and request the outstanding items from the relevant party. Throughout the call I make a note of what has been said with regards to the outstanding items. My supervisor is away next week so I need to ensure that I understand exactly what is going on and know the status of each stage of the transaction.

6.00pm:  A client based in London has just emailed with some comments on a legal opinion that I had drafted. I check the comments, discuss the changes with the associate and send the client a revised draft.

7.30pm:  I check my 'to-do' list and note the tasks that I need to complete tomorrow.

8.00pm:  I email the other trainees about meeting for dinner and then leave the office.


About the firm

Address: 3 More London Riverside, London SE1 2AQ

Telephone: 020 7444 2113

Fax: 020 7283 6500

Website:  www.nortonrosegraduates.com

Email: graduate.recruitment@nortonrose.com

Group chief executive: Peter Martyr

 

Other offices: Abu Dhabi, Almaty, Amsterdam, Athens, Bahrain, Bangkok, Beijing, Brisbane, Bogotá, Brussels, Calgary, Canberra, Cape Town, Caracas, Casablanca, Dubai, Durban, Frankfurt, Hamburg, Hong Kong, Johannesburg, Melbourne, Milan, Montréal, Moscow, Munich, Ottawa, Paris, Perth, Piraeus, Prague, Québec, Rome, Shanghai, Singapore, Sydney, Tokyo, Toronto, Warsaw. (Associate offices: Dar es Salaam, Ho Chi Minh City, Jakarta) 

Who we are:  Norton Rose Group is a leading international legal practice. We offer a full business law service to many of the world's pre-eminent financial institutions and corporations from offices in Europe, Asia Pacific, Canada, Africa and the Middle East.

What we do: We are strong in financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and pharmaceuticals and life sciences.

What we are looking for: An impeccable academic record and intellectual rigour are prerequisites. You will have an enquiring mind with a profound and genuine interest in the world of international business and the commercial environment of our clients. Your global mindset means that you will embrace the international opportunities on offer. You will regard your secondment to one of our offices outside London as a highlight of your training contract with us.

What you'll do:  Trainees will gain experience in banking, corporate and disputes. There is the option to go on a client or international secondment during your training contract.

Perks: Benefits include: private healthcare, life assurance, season ticket loan, subsidised staff restaurant, private GP service and 25 days' holiday.

Sponsorship: GDL and LPC fees are paid and maintenance grants are provided for both the GDL and LPC.

 


 Facts and figures

Trainee places available for 2015: 55

Applications received pa: Approximately 1,700 

Percentage interviewed:  

Salary

First year: £38,000

Second year: £43,000

Newly qualified: £61,500

 The money

(from Legal Business magazine)

Turnover in 2011: £488m (+59% from 2010) Profits per equity partner: £485,000 (0%)

Total partners: 901

Other fee-earners: 2,339

Total trainees: 112



Application process

Apply to: Natasha Oubridge, graduate recruitment manager.

How: Online: www.nortonrosegraduates.com  

When to Apply: Non-law 30 April 2013, law 31 July 2013 for 2015 training contracts.  

Visit graduate recruitment site

APPLY NOW

 

 Vacation schemes

Summer:  24 June-5 July 2013, 15-26 July 2013. (Apply by 31 January 2013.) 

Legal Developments in the UK

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to