Urban Lawyers Careers Conference 2018

Urban Lawyers Careers Conference 2018

Urban Lawyers are excited to announce the third Careers Conference for aspiring barristers and solicitors. This year’s conference will take place on 17 November at Herbert Smith Freehills’ London office and tickets are on sale now.

The Urban Lawyers Careers Conference is an all-day interactive event that provides key information and support to those from diverse backgrounds who are considering a career in law and those who are actively pursuing a career as a solicitor or barrister. 

Last year included inspirational panel discussions with influential Barristers and Solicitors including the likes of: Angela Rafferty QC, Grace Ononiwu OBE, Dr Leslie Thomas QC, His Honour Judge Gregory Perrins and other prominent individuals within the legal sphere.

This year Angela Rafferty QC returns with further prestigious law firm partners and leaders in the legal industry who will be announced shortly.

The Conference will also consist of interactive workshops from industry experts and trailblazers focusing on personal and professional development; including:

  • Pupillage and training contract sessions: Interactive sessions led by prominent Solicitors and Barristers providing key guidance and information on how to make your application stand out amongst others.
  • Detailed advice on how to perform well on assessment days and interviews: Informative sessions covering all aspects of successful interviews and assessments days for all legal roles.
  • Sessions on how to build Commercial Awareness: Practical advice on how to effectively develop commercial awareness and use it to your advantage.
  • Personal branding and time management: Key information on how to enhance and take control of your professional brand.

Attendees will also have the opportunity to network and engage with representatives from chambers, law firms and legal institutions providing the perfect opportunity to network with like-minded individuals and build meaningful relationships.

Whether you are a law student, non-law student, studying the BPTC, LPC or working as a paralegal, this conference is for you! We want to make sure you leave the event with all the information that you need to be successful in gaining that elusive training contract or pupillage so please bring your A game!

Breakfast, Lunch and beverages will be provided as well as information from law firms and chambers.

Tickets are selling out quickly so click here to reserve your place.

About Urban Lawyers

Urban Lawyers is an organisation that makes the law (in its academic, practical and career contexts) more accessible to marginalised groups in society. Urban Lawyers aims to provide inspiration and education to all who have or will come into contact with the law and/or legal profession.

It provides inspiration to law students from non-traditional backgrounds through online resources, networking and educational events and initiatives. It also provides support, finance and facilitates the education of young people about their legal rights and civic responsibilities.

International round-up: Latham hits DLA’s Madrid outpost again for antitrust partner as Kennedys opens innovation back office in India

International round-up: Latham hits DLA’s Madrid outpost again for antitrust partner as Kennedys opens innovation back office in India

Latham & Watkins has dealt yet another blow to DLA Piper’s Spanish ranks, hiring its first Madrid-based antitrust partner, while Kennedys has joined the growing number of firms beefing up their low-cost capabilities.

Former DLA head of competition José Maria Jiménez Laiglesia has succeeded against four other candidates to join Latham’s Madrid outpost, which has almost doubled its headcount in less than a year since bringing in DLA’s former senior partner Juan Picón.

With a nine-strong team led by real estate partner Rafael Molina joining from Linklaters next month, the move means the US firm will have 50 lawyers in Spain come October, up from just 18 when Picón quit his former shop at the end of 2017.

‘The other candidates that showed interest were also good, but the Brussels office which led the process pointed to José Maria as one of the top antitrust partners in the country,’ Latham’s Spain managing partner Picón told Legal Business.

Jiménez Laiglesia’s practice will support Latham’s core M&A and finance operations and will work closely with the firm’s Brussels team. Picón said the firm didn’t plan to expand the antitrust team much further, although it was on the hunt for one associate to support Jiménez Laiglesia.

He is the latest in a long list of European hires by the $3bn firm. Over the last few months alone, Latham has raided the Magic Circle both in London and Germany to boost its transactional prowess.

The quick expansion in Madrid is all the more impressive considering Spain is usually a quieter lateral market compared to its European neighbours.

As for DLA, the firm has lost several partners since the departure of Picón, arguably its most prominent Spanish lawyer. Fellow DLA corporate partners Ignacio Gómez-Sancha and José Antonio Sánchez-Dafos followed Picón to Latham last year too.

It now comprises 80 lawyers including 18 partners, having appointed Joaquin Hervada as new local head of competition. A spokesperson for the firm said: ‘We would like to thank José Maria for the contribution he has made during his time at DLA Piper and wish him all the best for the future.’

Elsewhere, Kennedys has chosen India to strengthen its innovation capabilities by launching a nine-strong business development operation in Kerala.

Kennedys Kognitive Computing will focus on tech development including machine learning and text analytics. Led by Tony Joseph and reporting to the firm’s head of research and development Karim Derrick, the launch of the new company comes after a year-long exclusive partnership with the Kognitive Computing team.

Derrick told Legal Business: ‘The clear differentiator is that the purpose of this team and my primary objective is to produce client-facing products to remove the need to use lawyers in the first place. It’s not about improving efficiency or margins, it’s about helping our clients using lawyers only when they need to.’ He said clients will pay to use products developed by the team on a per-use basis, a model the firm has already applied with its litigation tool KLAiM.

It makes Kennedys the latest in a long series of firms announcing a substantial investment in innovation, as client pressure on costs keeps efficiency high on BigLaw’s agenda.

Perhaps the most significant move of the year was Clifford Chance’s acquisition of the former Carillion Advice Services team in Newcastle.

Closer to home, globetrotting firm Bird & Bird has expanded its Polish dispute resolution team with the hire of PwC Legal head of litigation Adam Kowalczyk in Warsaw. He leaves PwC after two-and-a-half years and was previously an associate at Weil Gotshal & Manges and DLA.

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Deal watch: Slaughters leads on Wonga collapse and joins Skadden, Ashurst and CC on £3.9bn Costa deal

Deal watch: Slaughters leads on Wonga collapse and joins Skadden, Ashurst and CC on £3.9bn Costa deal

Slaughter and May has landed key roles on the high-profile collapse of payday lender Wonga and Coca-Cola’s £3.9bn acquisition of national coffee house Costa, joined by Skadden, Arps, Slate, Meagher & Flom, Clifford Chance (CC) and Ashurst.

The demise of Wonga, the UK’s largest payday lender, was confirmed yesterday (30 August) amidst a flood of compensation claims as the government cranks up the pressure on companies offering high-cost, short-term loans.

Wonga’s overseas businesses will continue to trade, while the Financial Conduct Authority (FCA) supervises Wonga in seeking fair treatment of customers. The UK business is not accepting any new loan applications.

Slaughters is advising the company with a team consisting of head of corporate, Andy Ryde, and restructuring and insolvency partners Ian Johnson and Tom Vickers. The Magic Circle firm is also expected to advise the administrators, Grant Thornton.

‘It’s still the very early stages,’ Johnson told Legal Business. ‘I think in this case it’s business-specific issues: they had a number of legacy issues which have led us to where we are now.’

Elsewhere, Slaughters also has a key role in Coca-Cola’s acquisition of the largest coffee company in the UK, Costa. Upon completion, Coca-Cola will acquire nearly 4,000 Costa outlets across the country as it expands its coffee portfolio, which already includes the Georgia brand in Japan among others globally.

Slaughters advised Costa’s owner Whitbread, a long-standing client of the firm. Its team includes corporate partners Martin Hattrell and Simon Nicholls, IP partner Duncan Blaikie, tax partner Mike Lane, real estate partner Jane Edwarde, pensions and employment partners Jonathan Fenn and Phil Linnard, competition partner Anna Lyle-Smythe and finance partner Matthew Tobin.

CC partners Robert Crothers and Gareth Camp advised Coca-Cola on the corporate elements of the deal. Skadden, meanwhile, fielded a team led by London-based tax partner Alex Jupp, with assistance from New York partners David Rievman and Chase Wink, in advising Coca-Cola on the tax aspects of the deal.

Coca-Cola president and chief executive James Quincey commented: ‘Hot beverages is one of the few segments of the total beverage landscape where Coca-Cola does not have a global brand. Costa gives us access to this market with a strong coffee platform.’

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Magic Circle duo goes full throttle on Aston Martin’s landmark London listing

Magic Circle duo goes full throttle on Aston Martin’s landmark London listing

City heavyweights Slaughter and May and Freshfields Bruckhaus Deringer have taken the driving seat on the proposed initial public offering (IPO) of Aston Martin, a float reportedly valuing the luxury car maker at £5bn.

Slaughters won the mandate advising Aston Martin with a corporate team led by Nilufer von Bismarck and including Roland Turnill and Filippo de Falco. The firm is working alongside Aston Martin’s general counsel (GC) Michael Marecki, while Simpson Thacher & Bartlett is advising on US law, led by London-based partner Gil Strauss.

Freshfields, meanwhile, is advising the underwriters, with a team led by Mark Austin and including Charlie Hayes.

Aston Martin is understood to have watched with interest the 2015 IPO of Ferrari on the New York Stock Exchange and, amid strong financial results for the first half of 2018, deemed it the time right to follow suit.

If it goes ahead, the float will make Aston Martin the only independent British car manufacturer to be listed on the London Stock Exchange (LSE).

In a LSE announcement published today (29 August), Aston Martin pointed to an 8% year-on-year uptick in revenue to £445m for the six months to 30 June 2018 and a 14% increase in adjusted EBITDA to £106m, compared with £93m for the first half of 2017.

‘The improved performance was primarily driven by increased revenue from sales of special edition vehicles, in particular the Vanquish Zagato family and DB4 GT Continuation models and revenue from the Aston Martin Consulting business,’ the announcement said.

The results are a fillip for a company that has a chequered financial history, having endured no fewer than 7 insolvencies over the years.

Austin told Legal Business: ‘This is the next step in a great turnaround story for Aston Martin and it’s also a good news story for the London IPO market, including in the context of Brexit. The transaction is notable for being the first to be announced since new IPO rules came into force on 1 July 2018 which, broadly require unconnected analysts to be involved in the transaction and for the registration document to be published before the prospectus.’

One City corporate partner added: ‘The IPO of Aston Martin has been anticipated as the next logical float after Ferrari’s and is also a logical way of giving liquidity to shareholders. The main driver for the regeneration of the company has been the new management team led by president and chief executive Andy Palmer, who have championed a vision for the creation of new brands and new models – a focus Aston Martin didn’t have before.’

The company’s refreshed strategy launched in 2015 and includes the opening of a new plant at St. Athan in Wales in 2019.

Palmer said: ‘Today’s results show that we have continued to deliver sustainable growth, margins and value for our shareholders whilst launching three new models and variants in the first half of the year. Since launching the Second Century Plan in 2015, Aston Martin Lagonda has been transformed into a luxury business focused on creating the world’s most beautiful high-performance cars. This transformation has delivered significant growth in revenues, unit volumes and profitability.

The strategy also encompasses branching out into other luxury vehicles, as well as the manufacture of planes and submarines.

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Ashurst, Norton Rose Fulbright and Travers Smith raise trainee and NQ salaries

Ashurst, Norton Rose Fulbright and Travers Smith raise trainee and NQ salaries

Trainees and newly-qualified (NQ) solicitors at several City law firms continue to enjoy salary increases as the legal industry’s major players vie to attract and retain their top talent.

Recent joiners and qualifiers at Ashurst, Norton Rose Fulbright and Travers Smith will enjoy increases of up to 6% to their annual financial remuneration. First-year trainees at Ashurst will have their salary bumped up to £44,000 from £42,000, whilst year-two recruits will receive £48,000. At Norton Rose Fulbright incoming trainees will benefit from a 2% rise to the firm’s trainee remuneration rate and receive a £45,000 salary. On progression to year two, they will earn £49,000. Peers at Travers Smith can boast of a year-one salary that sits at £45,000 – a 3% increase from what former trainees received – and a year-two paycheque with a hefty £50,500 figure.

Upon qualification, NQs at Ashurst will earn £76,000 up from £72,000. Those at NRF will experience a 2% increase in NQ salary and thereby cash in £77,000 a year, and at Travers Smith a 5% increase means NQs will receive an additional £3,500 for their year-long efforts, taking their salary to £78,500.

Incoming White & Case trainees to receive £10,500 LPC maintenance grant

Incoming White & Case trainees to receive £10,500 LPC maintenance grant

Soon-to-be trainee solicitors at the London office of US firm White & Case will receive a LPC maintenance grant of £10,500, a 40% increase from the previous £7,500 figure.

The move puts White & Case ahead of the City firm pack when it comes to LPC maintenance grant offerings, with the firm’s closest rivals awarding recruits £10,000. The increase – which comes into effect in September 2018 – will see incoming trainee solicitors enjoy a healthy living allowance for the duration of their studies at BPP Law School. Justin Benson, partner and leader of the White & Case trainee solicitor programme in London, said: “White & Case has provided an industry-leading training scheme in London for 20 years, and our ongoing commitment to our trainees includes ensuring they have the necessary financial support to live in London and complete their studies successfully.” Recruits also benefit from having the full cost of their LPC course settled by the firm.

Slaughter and May increases trainee pay…. again

Slaughter and May increases trainee pay.... again

For the second time this year, legal powerhouse Slaughter and May has bumped up the salary packet for its trainee solicitors.

The increase of 2% and 4% for first-year and second-year trainees respectively, comes eight months after the initial salary rise in January 2018. Year-one trainees will now receive £45,000 as opposed to £44,000, and second-year recruits will benefit from a £2,000 boost and be remunerated with £51,000. The increase in salary will take effect from 1 October 2018. The move puts Slaughter and May in line with some of its Magic Circle counterparts who similarly upped their trainee salary this year.

7 things to bear in mind when preparing for your video interview

7 things to bear in mind when preparing for your video interview

Video interviews are becoming commonplace in various industries as technology continues to infiltrate many aspects of modern day life. Recruiters in the legal industry were early adopters of the practice, and at present a significant number of law firms have a digital aspect to their vacation scheme/training contract application process. 

For many job applicants the thought of being recorded speaking to a camera is unnerving, but we can assure you it really isn’t all that bad. The key to being successful is to treat the video interview as you would an in-person interview and make sure you’re well prepared; we’ve rounded up seven things to bear in mind when you get an invitation to complete a video interview.

1. How do you look?
Just because you’re not having your interview in an office setting doesn’t mean you shouldn’t dress as though you are. It’s important to present yourself as you would in an in-person interview – after all, the video interview is still part of a formal process. You want to show the recruiter that you take the task seriously and have made an effort to present yourself accordingly. So as tempting as it may be to wear a comfortable sweater and pyjama bottoms because you’re filming in your bedroom, it’s not really the most appropriate outfit choice. Instead, dust off your “go-to” formal outfit, be it a suit, smart shirt or dress, brush that hair and even spray a little bit of perfume if you feel like it – as the saying goes, look good, feel good!

2. Eyes on the recruiter
Sounds obvious, right? But you’d be surprised to know that many video interviewees don’t look at the camera. Candidates tend to look at themselves on their screen which can make for uncomfortable viewing for HR team watching. As unnatural as a video interview may feel, you’ve still got to act as natural as possible, and in this case that means holding eye contact with who you’re talking to (the recruiter); it’d be rude not to do so in person, so why do it on video? Make practice videos before your interview to get comfortable making eye contact with your “audience”.

3. Time limits are a guide not a target
With pre-recorded video interviews there is usually a time limit assigned to each question. This is understandably a little off-putting as it doesn’t resemble a real-life conversation, but try to think of it positively; look at the time limit as a guide to how much content you should include in your answer and how to structure it. If you have two minutes to answer the question ‘tell me about yourself’ you’ll know that it’s probably a good idea to leave off listing all ten of your favourite undergraduate modules, and instead name just two so as to allow for other comments. Also, if you’ve given a comprehensive answer and find that you still have time left, resist the urge to keep talking to fill up time, it’s better to end early and on a good note than to waffle on just for the sake of it.

It’s also worth noting that you’re likely to have a preparation window in which to think about and plan your answer. Use these 30 or so seconds to collect your thoughts and mentally structure your answer. Alternatively, use it as a moment to simply breathe and steady your nerves.

4. What’s in your frame?
It’s a given that a quiet room is the best place to complete your video interview, but have you given much thought to what’s in your frame? Now we know you’re probably thinking, ‘calm down, this isn’t a movie!’, but hear us out…
Broadly speaking your background isn’t important – whether it’s a wall filled with photo frames, a desk, wardrobes or ugly wallpaper, recruiters don’t care very much. But is there anything particularly distracting behind you? We all remember the incident of Professor Robert Kelly’s toddler strolling into the room while he was talking about South Korean politics on the BBC! Whilst his toddler dancing behind him made for hilarious watching, it also goes to show that what’s going on in the background can sometimes distract the audience and take the focus away from the golden nuggets of information you’re giving out. Ensure that you know what is visible to the interviewer and remove anything that may be overtly distracting. Take pets out of the room, turn the TV off and remove any incriminating items from view.

Also, on the topic of what’s in your frame, there’s no need to get up close and personal with the camera. Your head, shoulders and upper body is what should be in the frame so that any hand gestures can be seen and you can move naturally. It’s also a good idea to sit facing the light rather than having it behind you so that you are well lit. #Photography101!

5. Testing, testing, 1,2,3
Have you checked that all your tech is working properly? Again, this may seem obvious, but when you’re so focused on what questions may be asked in an interview, it’s easy to forget the basics. In preparation for the interview make sure your laptop or phone battery is charged, the camera is working, microphone is on, and internet connection is alive and kicking! With most video interviews, there will be a chance to check that your mic, camera and speakers are all working within the application itself, so resist bypassing this step and make sure to test it all out. How annoying would it be to find out that the interviewer couldn’t hear a word you said because your mic wasn’t turned on?!

6. Your body language speaks volumes
Because you’re not technically in a formal interview environment it can be tempting to relax your body language and adopt a more casual approach – don’t! Make sure you’re giving off all the right vibes and non-verbal signals regardless of the fact that the interviewer isn’t directly there with you. Sit up tall, look engaged and project confident (not arrogant!) energy. You want your demeanour to elevate your well thought out answers, not detract from them.

7. Fail to prepare, prepare to fail
We can all agree that speaking to a camera and to a set time limit is not the most natural thing to do, so in addition to researching the firm and preparing answers to common interview questions, it’s also worth practising recording yourself answering questions. See how much content you can fit into a two-minute time slot whilst speaking at a moderate pace, are there any nervous habits you notice yourself doing? Do you look into the camera enough? Are you speaking clearly? Recording and re-watching your practice videos is a great way to spot where you can make improvements, so that come the real thing, you are working the camera like a pro!

Macfarlanes and CMS release autumn 2018 rates alongside a boost to NQ salaries

Macfarlanes and CMS release autumn 2018 rates alongside a boost to NQ salaries

Macfarlanes and CMS have announced pay rises for their newly-qualified (NQ) solicitors as they reveal how many trainees will be staying on post qualification.

Soon-to-be associates at Macfarlanes will now receive an impressive £80,000 (up from £75,000), a figure sure to keep the 21 of its 23 qualifying trainees who are staying on at the firm more than happy.

Seán Lavin, head of graduate recruitment at Macfarlanes said:‘We are pleased to have maintained our consistently high retention rates for our trainees qualifying this September. It is our objective each year to offer a role to every trainee on qualification and to retain this talent. Our trainees are the future of this firm and we recruit and train all our trainees with a view to offering them long-term careers at Macfarlanes.’

Meanwhile, CMS, which is retaining 55 of its 72 qualifiers, has upped its London NQ pay to £70,000. Bristol NQs will receive £50,000 and NQs in the firm’s Scottish offices will take home £40,000. Their counterparts in Sheffield and Manchester will earn £41,000 and £42,000 respectively.

36 qualifiers have accepted positions at the combined firm’s London office, alongside six in Sheffield, three in Aberdeen, two in Glasgow, six in Edinburgh and two in Bristol.

International round-up: Fieldfisher opens third China office as Pinsents settles Madrid dispute

International round-up: Fieldfisher opens third China office as Pinsents settles Madrid dispute

Ever-expansive Fieldfisher has bolstered its presence in Asia having opened a third office in China, while Pinsent Masons has settled a dispute with its former Spanish best friend firm over its Madrid outpost.

Fieldfisher’s new office in in Guangzhou, which will focus on corporate, M&A, dispute resolution and IP work, is staffed by a seven-lawyer team from local firm Geenen Law Office.

Three are partners: Zhongran Lian, Kuan Liu and Connie Wong. Lian is a commercial litigation and arbitration specialist, with more than 30 years’ experience in representing both state-owned and private companies. Similarly, Liu is an arbitration and litigation partner with over 20 years’ experience in civil and commercial cases.

Wong has a broad corporate history and has advised a range of clients on both inbound and outbound cross-border investments.

The Guangzhou hub marks Fieldfisher’s third Chinese office, following launches in Beijing in November 2016 and Shanghai in February 2017.

Fieldfisher’s Chinese operation now consists of 14 partners and 21 lawyers as well as paralegals and support staff.

Managing partner of Fieldfisher China, Zhaofeng Zhou, told Legal Business: ‘We are following our clients, we have big clients in the Guangzhou region. Geographically it also has lots of potential due to financial investment from the Chinese government.’

Zhou noted that Guangzhou is one of China’s four first-tier cities with the others being Beijing, Shanghai and Shenzhen. It is the capital of Guangdong province, which has a GDP similar to Spain. The firm considers it home to companies from many of its key sectors, including automotive and biotechnology.

Meanwhile, a wrangle between Pinsents and former Spanish best friend firm Ramón & Cajal has been concluded.

Ramón had initially sued Pinsents after it hired four of its lawyers following failed merger talks in 2016. The UK-based firm had appointed Diego Lozano, Antonio Sánchez Montero, Inmaculada Castelló and Idoya Arteagabeitia, despite Ramón alleging that the hires violated a previously agreed no-hiring provision.

The Spanish firm turned to Quinn Emanuel Urquhart & Sullivan co-head Richard East to fight its claim, while Pinsents enlisted Ashurt partner James Levy and Blackstone Chambers barrister Thomas Croxford.

A spokesperson for Pinsents said: ‘The parties have settled the litigation and their previous good relations are now restored. The parties do not intend to comment further.’

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