More reshuffling as Hogan Lovells appoints new chair while Travers Smith confirms Patient managing partner

More reshuffling as Hogan Lovells appoints new chair while Travers Smith confirms Patient managing partner

As the January senior appointments merry-go-round at City and global law firms continues, Hogan Lovells has announced a new chair while Travers Smith has re-elected David Patient as managing partner.

In a move that brings its German practice in the spotlight, Hogan Lovells has announced that Hamburg-based Leopold von Gerlach will replace Nicholas Cheffings as chair of the board on 1 May for a three-year term.

A member of the board representing continental Europe since 2014, IP, media and technology partner von Gerlach was voted into the new role by the partnership after the board put forward his name following a firm-wide consultation process. He joined the firm in 1995.

Members of Hogan Lovells’s board make up the compensation committee, which looks after the firm’s annual bonus scheme and reviews equity partners’ remuneration every second year. They are also part of the equity elevation and partner advancement committees, working with the firm’s management on the promotion of associates and counsel to the partnership.

The board provides input to the international management committee and oversees the affairs of the firm, but has no executive responsibility for strategy.

Speaking to Legal Business, Cheffings said von Gerlach had a ‘broad combination of attributes’ that made him the right choice for the role: ‘He has been with the firm for a long time, he understands the culture, he is very focused upon collaboration and people being at the heart of our business – very good with clients.’

Real estate disputes co-head Cheffings was Hogan Lovells’ first post-merger sole global chair, taking over from co-chairs Claudette Christian and John Young in 2012, two years after the merger between Lovells and Hogan & Hartson. He was re-appointed in the role in 2015 and is now stepping down after reaching the maximum two terms set by the firm.

He said his main achievement in his six years as chair was ‘overseeing the transition from a firm which was seen as a new kid on the global block – with a lot of energy and excitement but clearly challenges in terms of delivering on its plans – to what’s now a very mature player and one of the most highly respected global law firms with a very distinct place in the legal market.’

Cheffings will continue to lead Hogan Lovells’ real estate disputes group along with Mathew Ditchburn.

Meanwhile, Travers Smith re-elected David Patient as managing partner after he stood unopposed.

Patient, who will manage the firm for a second three-year term starting on 1 July, told Legal Business: ‘Last year went by in a flash, and politically we seemed to be lurching from one crisis to another but we sailed through it all. Clients were very busy in lots of areas, regulatory has been very busy and disputes has been firing on all cylinders. Private equity and M&A have also been strong.’

He added he was ‘pretty positive’ for the year ahead. ‘There will be some bumps in the road ahead but I’m confident that this year is going to be good in lots of areas.’

Travers-bred corporate lawyer Patient became a partner in 1999, when he established its Paris office, and replaced Andrew Lilley at the helm of the firm in January 2015 . He had previously run for the managing partner role in 2009 losing out to Lilley, who went on to serve a second term in 2012.

The firm’s most recent financial performance showed a 4% rise in revenue to £125m in 2016/17, marking eight consecutive years of growth. But profit per equity partner dropped 4% to £970,000, with Patient saying at the time the firm was ‘right in the middle’ of a period of significant investment.

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A&O awash with cash as £48m forex boost offsets soaring staff costs

A&O awash with cash as £48m forex boost offsets soaring staff costs

With Allen & Overy (A&O) comfortably leading its peer group in the 2016/17 reporting season, the release of its full accounts was always going to look rosy. As it is, the City giant’s limited liability partnership (LLP) filing demonstrates just how good business has been for its c-suite, partners, staff and the tax man with forex movements further supporting robust underlying growth.

Key beneficiaries include A&O’s management team, which saw a collective remuneration hike of 16% to £15.8m, according to its LLP filings. The Magic Circle law firm’s senior partner, managing partner, global practice heads and support directors’ combined earnings for 2016/17 compare with £13.6m for the previous financial year.

A&O’s highest-paid partner earned £3.5m for the year ending 30 April 2017, a 25% increase on last year’s £2.8m figure (though such numbers are often skewed by one-off payments or retirement benefits).

The increase corresponded with a 16% revenue increase in profit-per-equity partner to £1.51m, while pre-tax profits surged to £716m, a 27.4% increase on the £562m recorded for 2016.

This record result was somewhat tempered by soaring staff costs, up a striking £66m to £523m, underlining the impact of associate pay hikes on leading law firms. Other operating expenses reduced by £11m.

Staff numbers, however, have remained relatively stable, with lawyer numbers increasing from 2,327 to 2,382, while support staff fell marginally from 2,265 to 2,199. Its partnership was likewise little changed with full equity partners rising from 434 to 441.

The accounts confirm the dramatic impact of currency markets during the 2016/17 period, with a £48.2m boost attributed to swings in the value of sterling, putting average profit per full partner at £1.51m, an increase of more than 25% on 2016’s PEP of £1.2m. Without the forex gains, PEP would have been £1.4m.

Unsurprisingly, A&O’s balance sheet has been further bolstered. Its cash and cash equivalents increased from £113.7m to £170.8m, while the firm has £150m in unused bank facilities in place.

The firm estimates that it will ultimately contribute a total of £553m in taxes globally on the back of its 2016/17 revenues of £1.52bn, compared with £461m for 2015/16. Of that, £346m is derived from profits attributable to partners.

Such numbers are a reminder that not only is the UK legal industry a lucrative business but, thanks to the simplicity of partnership structures and the full distribution model, it remains a strong contributor to public finances compared to many industries. The neutral observer may wonder how the profession has, nonetheless, achieved so little recognition in Whitehall.

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Top Tips on Standing Out From the Crowd by Birketts LLP

Top Tips on Standing Out From the Crowd by Birketts LLP

With many candidates seeking to attend more than one vacation placement scheme the application process is frequently as (if not more) competitive than for training contracts. Furthermore, like many firms Birketts is increasingly moving towards the vacation scheme as an exclusive method to recruit for training contracts on the basis it provides for a two week period of assessment rather than more limited exposure over the course of an interview or assessment centre.

When it comes to shortlisting for interview, more often than not the application form is your only opportunity to impress and that can be difficult to achieve on paper. Taking your time to get your application right and ensuring it stands out from the crowd is therefore essential. However, far too many candidates do not take the process seriously enough and submit multiple average applications which have a limited chance of success. A good application takes time, so quality rather than quality is definitely key.

Initially, it is much better taking time to consider what type of lawyer (and where) you want to be and thereafter researching the firm’s you want to apply to. If you want to be regional lawyer with a top 100 firm in the East of England then the list of firms you should research more or less pick themselves (with Birketts one of the first names on your list).

The importance of legal work experience

Legal (or at the very least commercial) work experience is still one of the most important aspects law firms look for in applications for summer vacation schemes and training contracts. While work experience is far from an accurate predictor of the quality of the candidate it does demonstrate a commitment to the law.

Perhaps more importantly it provides some real work experience for you to draw upon in deciding who to apply to and thereafter in your application form and interview. Unless you know you absolutely want to be a regional solicitor try and aim for some variation in your experience. This will help you make decisions about not only where you want to work but also the practice areas that most interest you.

The Application Form

It may seem obvious, but an accurate and well-written application form will immediately make a good impression on a recruiter. In an incredibly competitive market, misspelling the name of the firm or addressee may lead to instant disqualification. Thereafter, the content and structure of your answers will demonstrate your analytical ability and show your written presentation skills. As a bare minimum ensure your answers are clear, concise and logical

It helps to read the application form carefully in advance and, we would suggest, more than once. When you have created your on-line profile, it’s then time to start completing the questions. Make sure you are free of time pressures when completing your application and can give it the attention it warrants. Most online systems will allow you to save your updates and return when you can be at your best.

Tailor made

If you want to make your application stand out then tailor it specifically to the firm you are applying. While this may sound obvious, too many candidates copy and paste answers from one application form to the next without adjusting it to the specific firm and in some cases the question.

As a regional firm we receive a number of applications each year from good candidates who have clearly used answers from their applications to City or even magic circle firms (some forms even enthusiastically reference our London office we don’t have). At best an experienced recruiter will be able to spot generic answers quite easily. At worst you may cause offence.

Research, research and more research

Despite the obvious fact that we all practice law, all firms are individual and we like to feel as such. Like most firms, at Birketts LLP we really get excited when an individual can demonstrate a thorough knowledge of the firm; what we do, where we are based and even our market position or strategy.

Where possible, go to extra lengths to support your application. Have you met someone from the firm? Have you been networking with us at a careers fair or presentation? What do you know about us that we might not expect you to know? While we would caution against shoehorning random facts into each question there will be at least a couple of opportunities (particularly within the more free form questions) to demonstrate an enhanced understanding of what the firm does or how it approaches training contracts.

Academics

Without doubt you need to be smart to be a lawyer at a top firm and on this basis most law firms still use education as a minimum criteria factor. Firms receive hundreds of application forms so are often very strict with academic results as a means of fairly sifting applications down to a manageable number. Unless you’ve got some mitigating circumstances (or plenty of time on your hands) it is essential to target your applications to firms that meet your academic profile.

Proofread please!

For the avoidance of doubt spelling, grammar and formatting must be perfect. Once complete, print off a hard copy of your application as it can be easier to pick up on mistakes this way. Cast your eye over your application form again the next morning and get someone else to read over it for you too. A fresh pair of eyes can work wonders.

Don’t despair

If your academics aren’t perfect or you don’t have the connections to arrange work experience each summer please don’t despair. Most firms want to see individuals who are well-rounded and have an engaging personality, those who have consistently good academics but who are also be able to share a conversation (from trivial to serious) with a client or Partner.

At Birketts we have lowered our academic criteria and have briefed all those involved in the process that that not everyone has the time or the contacts to undertake work experience. Neither is necessarily an accurate predictor of success and both can act as a barrier to the profession.

Why do you want to be a lawyer with (insert name of firm here)?

Most firms at some stage will ask you a question (in one form or another) about why you want to be a lawyer with them. While the question is probably something you’ve been asking yourself for many years, not all candidates are able to provide a good answer, either in the application or at interview. It really can’t be overstated how increasingly important it is to get a place on a vacation scheme given the high level of competition for training contracts. However, the better you understand and can articulate your reasons for applying, the better your chances of making an application to the right firm and being successful in getting an interview.

‘Standing Out From the Crowd’: Birketts LLP

'Standing Out From the Crowd': Birketts LLP

With many candidates seeking to attend more than one vacation placement scheme the application process is frequently as (if not more) competitive than for training contracts. Furthermore, like many firms Birketts is increasingly moving towards the vacation scheme as an exclusive method to recruit for training contracts on the basis it provides for a two week period of assessment rather than more limited exposure over the course of an interview or assessment centre.

When it comes to shortlisting for interview, more often than not the application form is your only opportunity to impress and that can be difficult to achieve on paper. Taking your time to get your application right and ensuring it stands out from the crowd is therefore essential. However, far too many candidates do not take the process seriously enough and submit multiple average applications which have a limited chance of success. A good application takes time, so quality rather than quality is definitely key.

Initially, it is much better taking time to consider what type of lawyer (and where) you want to be and thereafter researching the firms you want to apply to. If you want to be regional lawyer with a top 100 firm in the East of England then the list of firms you should research more or less pick themselves (with Birketts one of the first names on your list).

The importance of legal work experience

Legal (or at the very least commercial) work experience is still one of the most important aspects law firms look for in applications for summer vacation schemes and training contracts. While work experience is far from an accurate predictor of the quality of the candidate it does demonstrate a commitment to the law.

Perhaps more importantly it provides some real work experience for you to draw upon in deciding who to apply to and thereafter in your application form and interview. Unless you know you absolutely want to be a regional solicitor try and aim for some variation in your experience. This will help you make decisions about not only where you want to work but also the practice areas that most interest you.

The Application Form

It may seem obvious, but an accurate and well-written application form will immediately make a good impression on a recruiter. In an incredibly competitive market, misspelling the name of the firm or addressee may lead to instant disqualification. Thereafter, the content and structure of your answers will demonstrate your analytical ability and show your written presentation skills. As a bare minimum ensure your answers are clear, concise and logical

It helps to read the application form carefully in advance and, we would suggest, more than once. When you have created your on-line profile, it’s then time to start completing the questions. Make sure you are free of time pressures when completing your application and can give it the attention it warrants. Most online systems will allow you to save your updates and return when you can be at your best.

Tailor made

If you want to make your application stand out then tailor it specifically to the firm you are applying. While this may sound obvious, too many candidates copy and paste answers from one application form to the next without adjusting it to the specific firm and in some cases the question.

As a regional firm we receive a number of applications each year from good candidates who have clearly used answers from their applications to City or even magic circle firms (some forms even enthusiastically reference our London office we don’t have). At best an experienced recruiter will be able to spot generic answers quite easily. At worst you may cause offence.

Research, research and more research

Despite the obvious fact that we all practice law, all firms are individual and we like to feel as such. Like most firms, at Birketts LLP we really get excited when an individual can demonstrate a thorough knowledge of the firm; what we do, where we are based and even our market position or strategy.

Where possible, go to extra lengths to support your application. Have you met someone from the firm? Have you been networking with us at a careers fair or presentation? What do you know about us that we might not expect you to know? While we would caution against shoehorning random facts into each question there will be at least a couple of opportunities (particularly within the more free form questions) to demonstrate an enhanced understanding of what the firm does or how it approaches training contracts.

Academics

Without doubt you need to be smart to be a lawyer at a top firm and on this basis most law firms still use education as a minimum criteria factor. Firms receive hundreds of application forms so are often very strict with academic results as a means of fairly sifting applications down to a manageable number. Unless you’ve got some mitigating circumstances (or plenty of time on your hands) it is essential to target your applications to firms that meet your academic profile.

Proofread please!

For the avoidance of doubt spelling, grammar and formatting must be perfect. Once complete, print off a hard copy of your application as it can be easier to pick up on mistakes this way. Cast your eye over your application form again the next morning and get someone else to read over it for you too. A fresh pair of eyes can work wonders.

Don’t despair

If your academics aren’t perfect or you don’t have the connections to arrange work experience each summer please don’t despair. Most firms want to see individuals who are well-rounded and have an engaging personality, those who have consistently good academics but who are also be able to share a conversation (from trivial to serious) with a client or Partner.

At Birketts we have lowered our academic criteria and have briefed all those involved in the process that that not everyone has the time or the contacts to undertake work experience. Neither is necessarily an accurate predictor of success and both can act as a barrier to the profession.

Why do you want to be a lawyer with (insert name of firm here)?

Most firms at some stage will ask you a question (in one form or another) about why you want to be a lawyer with them. While the question is probably something you’ve been asking yourself for many years, not all candidates are able to provide a good answer, either in the application or at interview. It really can’t be overstated how increasingly important it is to get a place on a vacation scheme given the high level of competition for training contracts. However, the better you understand and can articulate your reasons for applying, the better your chances of making an application to the right firm and being successful in getting an interview.

Mishcon de Reya First Year Open Day

Mishcon de Reya First Year Open Day

Mishcon de Reya is holding a First Year Open Day on 27 March 2018. Read on to find out the details.

We are holding an open day to give you the opportunity to find out more about Mishcon. We will give you an insight into the type of work that we do, the clients we engage with, our working culture and future plans. It’s your chance to get to know us better and understand what makes us tick but we also want to leave you with an increased level of commercial awareness about how a law firm operates, the current legal landscape and the future of the legal market. We will invite successful applicants on a rolling basis so we recommend responding as soon as possible and only Shapers need apply!

Date: Tuesday 27 March

Time: Afternoon/Evening event

Location: Mishcon De Reya Office, Africa House, London WC2B 6AH

Eligibility: We welcome applications from those in the first year of a law degree or the first or penultimate year of a non-law degree.

Applications for the Mishcon de Reya First Year open day will open 21 December and close on 28 February. Apply here.

January start GDL at the University of Law – apply now!

January start GDL at the University of Law - apply now!

It’s not too late to apply for January!

Thinking about a career in law? Applications for the January 2018 “>University of Law are closing soon.

Why Study the GDL?

* Learn to think like a lawyer and develop practical legal skills with training built around real-life case studies
* Explore an area of law that interests you via your own Research Project or our unique Law of Organisations module
* With our structured study pattern, foundation module teaching and assessments are spread out so you can focus on selected modules each semester
* Unrivalled face-to-face teaching and individual tutor support
* Choose to study full-time at one of ten locations nationwide, or choose one of our varied part-time study options, so you can fit your study around your life
* Award-winning employability support from the moment you accept

Hurry and “>[email protected] or alternatively call 0800 289997 (UK) or +44 (0)1483 216000 (International).

Client confidante

Client confidante

Depending on the firm, the option of a client secondment during your training contract may come your way. Is it career smart or career foolish to spend a seat in-house? Kate Durcan finds out.

So, your training contract is underway and all is going well. Talk of the next seat rotation trickles down from human resources, including the option of a client secondment. It means an entire seat of four-to-six months out of the office, away from your colleagues and fellow trainees, working for a new employer and being the fresh face of the office all over again.

Will such an experience enhance or endanger your employability on qualification – after all, out of sight, out of mind and all that?

Although a large number of law firms do send trainee solicitors on client secondment, there are some that don’t, preferring to send associates with a year or two post-qualification experience (pqe) under their belt.

Fears that trainees will not be supervised properly, will become detached from their law firm, or just haven’t the skills required when arriving straight from university or law school, are the reasons some graduate recruiters give for not sending trainees to clients.

However, those firms that do, couldn’t value the experience more. Hayley Halvatzis, graduate recruitment manager at Charles Russell Speechlys, explains: ‘Client secondments are a way for trainees to grow in confidence,’ she notes.

‘When they are in the firm, they are very guided, they always have a supervisor there and everything is checked before it goes out. On secondment, they are still supervised, but they really become a key point of contact within that organisation and are given a lot of responsibility – it’s a smaller team, so they get real responsibility.’

From a trainee’s perspective, Taylor Wessing’s Isobel Bullen-Smith, currently on secondment during her third seat at a multinational imaging and media company, describes the experience as ‘the best bridge between being a trainee and a newly qualified solicitor. You get good experience at Taylor Wessing, but here you really get stuck in straight away. I can’t wait to go back to the firm to see how much I have grown.’

Gaining Perspective

In addition to greater responsibility, secondments allow trainees to learn the holy grail of ‘commercial awareness’ early in their careers, to see first-hand the commercial reality and consequences of their legal advice.

Isobel explains: ‘It’s bigger-picture training. Compared to being a trainee in private practice where you tend to focus purely on your specific task, here I conduct my work with an understanding of the wider deal at all times. I get to see things from the beginning to the end and deal directly with sales, for example, so I can appreciate how the value of the deal can structure how I review a contract.’

Isobel is ‘hot desking’ while in-house, working for multiple lawyers and sitting ‘next to the board of directors – that’s incredible,’ she notes. ‘For larger, complex deals I have the opportunity to explain the situation to them to get things signed, which is an incredible experience. So it feels very collaborative, and it is good to see how everything fits together.’

Trainee solicitor Jack Carter at Charles Russell Speechlys recently completed a secondment to plum client ITV plc. He reiterates the personal growth and development that comes with the experience, and feels ‘completely different’ since returning to his firm.

‘At the beginning it was all a bit daunting: people come to you with random queries and expect you to know all the answers – you’re the legal expert in their eyes,’ he recalls.

‘Here [Charles Russell Speechlys], you’re lower down the order and there is always someone to ask. On secondment I was lucky because I wasn’t on my own, there was always someone to ask and the team there are really nice and made you feel welcome.’

There are several mechanisms in place at the firm to ensure a trainee on secondment is adequately supervised, says Hayley: ‘Generally there is a good support network for secondees. The teams tend to be smaller and more close-knit, and the feedback from trainees is how friendly everyone is. Trainees can also call the client partner any time, and we have an arrangement where fee earners who have been before [to the same client] can provide advice and hints and tips. So there is support from all angles.’

Isobel Bullen-Smith, trainee solicitor 
Firm: Taylor Wessing 
University: Durham 
Degree: Law 
Secondment: Multinational imaging and media company 

Isobel is in her third seat and currently half way through a six-month secondment to a household-name company, a key client of the firm’s ITTC (IT, Telecoms and Commercial) department. It’s a position she describes as ‘very coveted’, while her enthusiasm for the experience is palpable: ‘I’m very much working for the client – it is the company first, and then Taylor Wessing.’ 

The firm offers two client secondments per intake, usually to third and fourth-seat trainees, so selection is very competitive. ‘I had done a bit of commercial contract work during my second seat, so I thought a client secondment would be the best way to learn if I wanted to qualify into corporate and commercial,’ explains Isobel. ‘The buzz phrase everywhere is ‘commercial awareness’, so I thought that doing this would be the best way to get that commercial awareness.’ 

In terms of work handled, ‘it is far more hands on here,’ she says. ‘We are handling our own matters and there is a lot more drafting experience. On the first day, I was asked to draft an NDA (non-disclosure agreement) – I was given supervision, but I got the first crack at it.’ 

Despite the increased responsibility, Isobel feels very supported, both by the client company and Taylor Wessing. The firm’s client partner is a long-standing adviser to the client and consequently visits on a weekly basis, enabling Isobel to have a regular catch up. ‘Taylor Wessing are very good at staying in touch and I also attend training and social functions at the firm,’ she says. 

Isobel advises anyone thinking about a client secondment to definitely go for it. ‘It’s an excellent bridge from trainee to NQ – you are asked your opinion on matters and you get to use your initiative, so a secondment really sets you up for that jump to qualification. And the benefits of the responsibility and everything you learn far outweigh the face-time you lose when you away from your firm. Who else among your intake can say that they know a major client of the firm as well as you do?’

Support Network

David Morgan is a newly qualified solicitor at Farrer & Co and recently returned from secondment to Bauer Media UK, part of the global Bauer Media Group. He, too, felt well supported by both his firm and the company while working in-house.

‘Bauer was very supportive. They have a trainee from Reed Smith permanently on secondment, so they are used to providing supervision. Farrers were also regularly in touch throughout my secondment to check that everything was going smoothly’.

Fears of lack of supervision appear unfounded then, as long as the situation is managed adequately. Trainees speak of regular lunches with client partners and catch-ups with HR departments to ensure there are no issues during the secondment. And all speak of the ‘very friendly in-house teams’.

One of the potential negatives of a client secondment during a training contract is losing ‘face-time’ with your firm – being outside of the loop and, to be blunt, forgotten about when retention and job offers on qualification are being planned.

Farrer’s David had already been offered a job in the firm’s IP and commercial team on qualification before his secondment, but admits that being away from the office for such a prolonged period could be detrimental if a trainee is absent too early in their training contract, or if they fail to make the effort to keep in touch with their firm while away. However, the benefits still outweigh any risks:

‘If you are going on a long secondment, it is important to keep in touch with your firm and come back for events etc, so that your face isn’t forgotten. Overall, it is a very positive experience.’

Attending social and training events back at the firm during your secondment is a must, as well as keeping in touch with HR and the client partner.

David Morgan, NQ solicitor
Firm: Farrer & Co
University: Sheffield
Degree: Psychology
Secondment: Bauer Media UK

David spent ten years in the armed forces before commencing his legal studies and training, and had already completed a seat in IP and commercial earlier in his training contract, making him the perfect candidate for secondment to Bauer. 
The company owns a raft of radio stations, music TV channels and magazine titles in the UK, including, amongst others, the radio stations Kiss, Absolute and Magic; the magazines Grazia, Heat and Empire; and the Box Plus Network of music TV channels through a joint venture with Channel 4.

Going on secondment ‘opens your eyes to what it is like [to work in-house] and how the dynamics are different,’ reveals David. ‘In-house you feel like you are working in a collaborative way with people directly in the business. In a law firm there is more of an adviser-client relationship.’ 

Typical tasks included working on digital agreements and recording contracts, for example, matters he was unlikely to encounter back at his law firm whilst a trainee. He worked within the in-house legal team comprising four lawyers plus another trainee seconded from fellow Bauer panel firm Reed Smith. 

‘The smaller team means you are handling good quality work and given a lot of responsibility,’ says David. ‘It gives you a perspective of what it is like to work in-house, the different pressures and what the client looks for and needs from their external advisers.’

It wasn’t all work and no play. Inevitably, working for a media company the size of Bauer has its perks. David was invited to the company’s glamorous, annual in-house award ceremony for employees, which recognises the efforts of the various departments including advertising, radio and publishing. After the formal awards ceremony, there a was big party held in London’s Docklands, which included performances by Pixie Lott and 5 After Midnight. 

‘Secondment is a great opportunity and you should definitely consider it,’ concludes David. ‘It’s a good way to boost your CV – if you were to move in-house in the future, it is good to have had the experience already.’

Weighing it up

On balance, therefore, taking the plunge to go on secondment while still a trainee can only benefit your career. Managed well, secondments are a win-win for both the firm and the trainee. The latter gains invaluable experience, while the former is able to augment client relationships.

‘As well as improved trainees, it allows us to know what a client wants and we can report back to the client partners, so we are able to manage client relationships better,’ confirms recruiter Hayley.

She dismisses suggestions that secondment during a training contract is too early in a trainee’s career: ‘Trainees do add value – we are really proud of our trainees, and the client clearly wants them there because they have specifically asked for one.’

Indeed, could the experience be almost too appealing to trainees, who may decide to alter tack and move in-house for good on qualification? It does happen, admits recruiters.

However, while the responsibility gained while on secondment is invaluable, the diversity and depth of work undertaken is not likely to be matched by that at a law firm, where lawyers tend to be more specialised than in-house counsel.

‘There are pros and cons [to being in-house],’ notes Jack. ‘People say you are better off being in private practice for a good few years first as the variety of work is greater and you get more experience under your belt. And then you may decide it’s not what you want to do after all.’

Jack does point out the greatest benefit of all to doing a client secondment: ‘You don’t have to do time recording – that is such a nice thing to not have to do; you can’t underestimate how good that is!’

Jack Carter, trainee solicitor 
Firm: Charles Russell Speechlys
University: Bristol
Degree: Law and German
Secondment: ITV plc

Jack is currently a third seat trainee and went on secondment relatively early in his training contract, during his second seat. His secondment to ITV plc – the UK’s original commercial broadcaster and FTSE 100 company with productions in the UK, US and many other countries around the world – appealed because it meant working at the actual tv studios at London Television Centre, which sounded fun, he says, and because it was a commercial seat, his area of interest.

The experience lived up to his expectations and more. ‘I am still in contact [with former colleagues] and will occasionally meet them. I feel completely different since coming back. Being thrown in the deep end like that gives you more confidence in your ability and you feel so much more independent.’

ITV has a panel of 9-10 law firms which sometimes provide trainee secondees, and while there are a number of legal teams within the company, Charles Russell Speechlys always sends its trainee to Group Legal, the team that handles all group legal affairs, such as M&A, litigation, IP and technology. This ensures a very varied workload.

‘You get to see the commercial aspects that you wouldn’t consider before, and you learn to take in other considerations, such as understanding the value of a contract to the company, for example,’ notes Jack.

Indicative of the responsibility entrusted in him, Jack was assigned as the main legal representative to ITV subsidiary SDN, and as such he would attend all the SDN meetings and was the main point of contact for legal advice.

Of course, more important than the experience gained, the boost to his career and the benefits of cultivating a close relationship with a key client of his firm, Jack was able to regularly schmooze with presenters and guests from Loose Women while in the staff canteen. Moreover, his secondment coincided with the latest, and much-hyped, series of Love Island; the winners were whisked straight from the island to attend media duties at the London studios, including a visit to Jack’s floor. He did what any respected lawyer would do: hung about late in the office to catch a glimpse.

Taylor Vinters Vacation Scheme

Taylor Vinters Vacation Scheme

“If we are doing what we are passionate about, we will be great at it. That will make us more valuable and consequently more successful as a business. We will also enjoy ourselves more and that can only be a good thing.” That’s the Taylor Vinters logic.

Taylor Vinters is a global practice and has 28 partners and 80 lawyers operating from offices in London, Cambridge and Singapore. A full-service law firm, the firm’s key practice areas are corporate, commercial technology, IP, brands, employment, commercial real estate, disputes and private wealth. The firm is also an active investor in legal technology and artificial intelligence and supports clients with integrated legal, consulting and technology solutions.

Taylor Vinters’ clients range from Fortune 500 technology multinationals to fast-growth venture-backed businesses to individuals driven by great ideas and passion.

On an international level, the firm partners with a diverse private network of trusted local counsel around the world and regularly acts as primary advisor on cross-border projects and transactions.

Taylor Vinters recruits for longevity; the firm is searching for long-term employees and future partners. And the firm hires its trainee solicitors directly from its vacation schemes, so why not take part in one and see for yourself?

The vacation scheme is a fantastic opportunity to get first-hand experience of what it would be like to work at Taylor Vinters. It may only be two weeks, but it will be an intense and exciting period of discovery – for you and for the firm. You’ll find out about the work they do, the type of clients they work with and most importantly, how they do it.

They’ll find out what interests and motivates you, and whether you’re a Taylor Vinters sort of person. They appreciate and nurture personalities and individual talent, yet also look for people who share and contribute.

It’s not all hard work: there’ll be social events too, where you can get to know the firm better. It’s a concentrated, stimulating couple of weeks, giving you a clear idea of their environment and opportunities.

The vacation scheme runs during June and July and lasts for two weeks. You’ll spend time in two different departments, in the firm’s Cambridge and London offices. It’s a great way to get to experience life at Taylor Vinters, and you’ll team up with our trainees, associates and partners to get hands-on with real client work.

The firm offers up to 20 places each year. To be considered you must be able to start a training contract with the firm within two years. Applications for the summer 2018 vacation scheme and training contracts are now open and the deadline to apply is 31 January 2018. Click here to apply.

For more information visit the Taylor Vinters website.

The Skadden, Arps, Slate, Meagher & Flom (UK) vacation scheme – apply by 12 January 2018!

The Skadden, Arps, Slate, Meagher & Flom (UK) vacation scheme - apply by 12 January 2018!

The majority of Skadden, Arps, Slate, Meagher & Flom (UK)’s training contracts are offered to students who participate in the firm’s vacation placement programme, which provides participants with first-hand experience working on actual global transactions. The programme also provides insight into the firm’s culture and atmosphere. Each student is paired with an associate supervisor and trainee liaison who identify substantive and suitable assignments. 

Vacation placement students are offered the option to practise either in a single area or to divide their time between two practice areas, thereby gaining greater exposure to the firm’s work. Students participate in training workshops focused on current matters, which aid their professional development and provide invaluable perspective from Skadden lawyers.

Social events, such as a recent stadium tour and private dinner at Chelsea Football Club, allow vacation students to interact with each other and Skadden lawyers on a more informal level.

The two-week placements are offered over Easter break and during the summer. Vacation placement students are remunerated £500 per week to assist with expenses and the firm is happy to help source accommodations. Undergraduate candidates need to have reached the penultimate year of their law degree studies or the final year for a non-law degree.

To apply, complete the online form.

Application Deadlines:

  • 2018 easter & summer vacation placements: 12 January 2018
  • 2020 training Contracts: 31 July 2018

You are strongly encouraged to apply for a vacation placement as a means to securing a training contract in 2020.

For more information on the firm and for details of the salary and benefits package, take a look at Skadden, Arps, Slate, Meagher & Flom (UK)’s full Lex 100 profile.

Memery Crystal Vacation Scheme – New to 2018

Memery Crystal Vacation Scheme - New to 2018

Memery Crystal is delighted to announce that it will be running a vacation scheme for the first time in April 2018. This is a great opportunity for you to really get to know the firm, its culture and people.

The firm will be running two one week vacation schemes during the month of April, one in the week commencing 9th April and another in the week commencing 16th April. To qualify for a vacation scheme placement in 2018, you should be applying for a training contract to begin in 2020.

During the week you will hear about each department via daily sessions from senior fee-earners and Partners. You will hear from the Human Resources team and from trainees who will tell you more about life as a trainee and the firm as a whole. It is a great opportunity to get a real insight into the type of work you might be asked to do as a trainee as you will be sitting in the firm’s departments getting exposure to real work and attending client meetings where possible. You’ll be invited to lunch with the trainees, there will be the chance to visit the courts one morning and you will also join in the informal Friday weekly drinks in the office.

Over the course of the week you will take part in a group and individual exercise. For those who have successfully completed the tasks, you will be invited to attend a formal interview with Partners which will take place after the vacation scheme.

You can apply here for the April vacation scheme. The deadline date for application forms is 31 January 2018.

Remember it’s as much about you getting to know the firm, as it is about the firm getting to know you!