Survey Results - Trainee feedback on Latham & Watkins
The lowdown - Trainees (in their own words) on Latham & Watkins
Why did you choose this firm over any others? ‘I was offered a training contract’, ‘quality of colleagues’, ‘quality of work’, ‘the firm’s reputation is good’, ‘US culture’, ‘variety of seat options’, ‘higher responsibility’, ‘global’, ‘quality of people’, ‘small trainee intake’, ‘high-level transactional work and hands-on learning’, ‘very diverse and friendly teams’, ‘active diversity groups’, ‘a variety of qualification options’, ‘high retention rates’, ‘first-class data technology team’
Best thing about the firm? ‘Quality of people’, ‘strong affinity groups’, ‘real open-door policy and lack of hierarchy when it comes to day-to-day work’, ‘the firm has dealt with remote working well’, ‘diverse and inclusive culture’, ‘frequent training and departmental meetings’, ‘experience in high-value deals’, ‘intelligent colleagues’, ‘the calibre of the lawyers’, ‘networking and professional opportunities afforded to trainees’
Worst thing about the firm? ‘The potential for a detrimental work/life balance’, ‘my intake was not reminded this year to book our PSC courses and we had to sort it ourselves’, ‘seat allocation was disappointing, with several trainees not given any of their four options’, ‘lack of transparency with regards to seat allocation’, ‘hours’, ‘work/life balance’, ‘trainee management and very different supervisors (from very strict to very friendly)’
Best moment? ‘Working on the pleadings of an investment state arbitration’, ‘drafting a section of a pleading in an international arbitration’, ‘assisting in closing high-level transactions’, ‘having the chance to work on a deal from scratch to the end’, ‘interacting directly with the clients and being an active part of the completion’
Worst moment? ‘Bundling into the early hours of the morning for a week’, ‘working on an understaffed matter while sick’, ‘disappointing seat allocation outcomes and a lack of engagement before releasing the decision’, ‘redacting through the weekend’, ‘working late nights’, ‘long nights/very quiet days’
The Legal 500 Future Lawyers verdict on Latham & Watkins
Latham & Watkins is a ‘leading firm in the international legal market’, and has been awarded two Future Lawyers Winner medals for confidence of being kept on post-qualification and inclusiveness. Respondents chose Latham for its ‘small trainee intake, quality of work, very friendly teams, active diversity groups, a variety of qualification options, high retention rates, and first-class data technology team’. Trainees at the US firm are ‘very much treated like junior associates and given the responsibility to act as such’. Best moments so far include ‘the opportunity to draft a section of a pleading’, ‘assisting in closing high-level transactions’ and the ‘chance to work on a deal from scratch to the end, interacting directly with the clients and being an active part of the completion’. The training at Latham is ‘extremely hands-on and client focused’ and trainees regularly ‘complete complicated tasks’. Although ‘somewhat less structured’, recruits claim that this style of training generally ‘suits our way of learning’. The ‘people’ at the firm are praised endlessly; there is a ‘real open-door policy and lack of hierarchy when it comes to day-to-day work’. Whilst opportunities are plentiful and responsibility levels high, the work at Latham requires ‘long hours’. What’s more, because there are ‘fewer trainees and support staff’ than at larger firms, work can be quite process-driven at times’. Recruits would also like the seat allocation process to be more transparent. If ‘taking responsibility for your own learning’ and managing your own workload in a prestigious yet inclusive firm sounds attractive to you, consider applying to Latham and Watkins.
A day in the life of... Lauren James, second-seat trainee, Latham & Watkins
Departments to date: Banking; Data and technology transactions (DTT)
Degree: Law (1st)
9.00am: I like to check my emails before walking to work to make sure that I have caught up on anything that may have come in overnight. This means I have a clear idea of how to structure my day and I can update my to-do list if needed. I live about a 20-minute walk away from the office which makes for an easy commute. Depending on schedules, I sometimes walk to work with other trainees which is a great way to start the day (especially if we grab a coffee en route!) One of the best things about Latham is how sociable the trainees are and I’ve made some great friends in both my seats.
9.20am: Once at my desk, I update my to-do list before moving on to quick tasks that I can tick off easily. For example, one daily job that I am responsible for in DTT is researching any key data privacy and technology news that should be flagged to the wider team for knowledge management purposes. I find this really interesting and love that Latham not only focuses on client work but also emphasises the importance of staying up to date with international legal developments. The firm is truly global and I’ve had the opportunity to work closely with numerous US teams throughout my time.
11.15am: I have a call with a partner to discuss next steps in a data privacy project that we are both working on. The opportunity to work directly with a partner is great; I take the initiative to be as proactive as possible. Latham trainees can take on as much responsibility as they want, and we work within leaner teams, providing opportunities to develop like junior associates. I’ve loved this particular project as I’ve been able to hone all types of legal skills – drafting, research and presentational to name a few. As a trainee at Latham, the combination of the variety of work and diverse pool of clients gives you the skills to become a complete all-rounder.
1.00pm: I head down to a Women’s Lawyers Group lunch which is a drop-in session to give new members the opportunity to meet the wider team. Latham places a huge emphasis on affinity groups and there are so many that you can join. Trainees are encouraged to apply for sub-committee positions which is a great way to meet colleagues across the firm.
4.00pm: I am asked by an associate to assist with a due diligence report for a proposed acquisition. The task involves reviewing key commercial contracts for terms that could affect the value of the target company. The associate runs through the task with me and gives examples of the crucial terms to be looking out for – everyone at Latham is always ready to go above and beyond when it comes to both instructions and feedback, which has been invaluable throughout my training contract.
5.30pm: As I approach the end of the day, I like to update my time entries and make my to-do list for the following day; I also check-in with my supervisor in case anything urgent is expected. This allows me to stay on top of all the different workstreams I am involved in and plan my schedule for the next day.
About the firm
The firm: A career at Latham & Watkins will give you the opportunity to do some of the best work of your life. With more than 3,000 lawyers across our offices in Europe, the US, the Middle East and Asia, the opportunities are boundless. Over 70% of the firm’s transactions involve five or more offices; our diversity fuels our understanding and innovation.
Latham provides the perfect balance of entrepreneurial spirit and career development support. The firm offers world-class training, where graduates and trainees can follow their intellectual curiosity to explore the firm’s market-leading practices before choosing a department, practice or industry focus.
It is our unique collegiate and non-hierarchical culture that sets us apart. Our Associates Committee – boasting equal numbers of associates and partners – manages associate reviews, bonuses, and promotion to partnership and counsel, which leads to a remarkably transparent environment.
We are proud to be a world-leading pro bono law firm. The firm gives billable hour credit for pro bono work, and doesn’t cap the number of pro bono hours that can be applied toward the billable hour target. Here, you are encouraged to bring your own unique perspective, and supported to take on pro bono matters of personal interest.
A career at Latham is an investment in your development and your future. It begins with you.
Chair and managing partner: Richard Trobman
Office managing partner: Stephen Kensell
Other offices: Austin, Beijing, Boston, Brussels, Century City, Chicago, Dubai, Dusseldorf, Frankfurt, Hamburg, Hong Kong, Houston, Los Angeles, Madrid, Milan, Munich, New York, Orange County, Paris, Riyadh, San Diego, San Francisco, Seoul, Silicon Valley, Shanghai, Singapore, Tokyo, Washington DC
Who we are: Latham & Watkins has more than 3,000 lawyers globally. Its non-hierarchical, collegiate management style and ‘one firm’ culture make Latham a unique place to work. Over 70% of the firm’s transactions involve five or more Latham offices and the collaborative atmosphere is strengthened by the firm’s diversity.
What we do: Our award-winning London office is home to nearly 500 lawyers and recognised for its work advising some of the world’s leading corporates, financial institutions and private equity firms on market-shaping transactions, disputes, and regulatory matters.
Our leading finance practice has earned an exceptional reputation in the market, regularly advising on all types of leveraged, acquisition and project finance work. We have market-leading experience in M&A, debt and equity financing, high yield, restructurings, recapitalisations, divestitures, data privacy and cyber security, and outsourcing. We also offer comprehensive tax and environmental advice for complex multi-jurisdictional transactions and disputes. With nearly 900 litigators located in 25 major business centres globally, we are one of the few firms capable of providing clients with immediate, high-quality legal expertise anywhere in the world, whether our clients’ needs are local or international.
We are committed to giving back to the communities where we live and work, with a longstanding pro bono programme as well as many community service initiatives. Over the last two decades, our lawyers have provided more than 4m pro bono hours in free legal services to underserved individuals and families and the nonprofit sector.
What we’re looking for in a trainee: Latham & Watkins recruits students with incredible legal minds who are also incredible people; the firm values transparency, respect, innovation, collaboration and diversity. As a meritocracy, Latham seeks out candidates who have demonstrated they can contribute to the firm’s culture through their initiative, communication skills, complex thinking, willingness to assume responsibility, resilience, and judgement.
What you’ll do: A Latham training contract combines real responsibility on global matters with supervision from world-class lawyers who foster professional development. In addition to a sophisticated training programme, our trainees also benefit from a core three-week trainee foundation designed to bridge the gap between law schools and practice, as well as training in each seat. After induction, trainees complete four six-month seats – two of which will be in corporate and finance. Trainees have the opportunity to apply for a secondment on either their third or fourth seat.
Perks: Life assurance, private health and dental insurance, pension scheme, season ticket loan for transport, cycle to work scheme, subsidised restaurant on site, discounted gym membership.
Sponsorship: PGDL and SQE fees and a maintenance grant of £10,500 per year. For future trainees who have already completed the PGDL and/or LPC/SQE, the firm will reimburse those fees in full.