Bird & Bird Campus Ambassador Programme 2017

Bird & Bird Campus Ambassador Programme 2017

2017 Campus Ambassador Programme

As a Bird & Bird Campus Ambassador, you will represent us at your university. You will play an important role in promoting the Bird & Bird brand and building our Firm’s presence on campus.

You will be responsible for promoting and running events as part of our recruitment marketing campaign. You will bring us fresh insights, feedback and ideas to promote Bird & Bird and connect with students at your university. You will be our eyes and ears on campus.

The hours you will work will be confirmed by the graduate recruitment team and will be scheduled to fit with your academic timetable. You will need to be available from September-April during the university term.

What are we looking for:

  • Enthusiastic, motivated individuals who have a keen interest in Marketing, Law or the sectors that we operate in.
  • First, second and penultimate year law or non-law undergraduate students from a diverse range of degree disciplines.
  • You must be enrolled at university and on-campus from September 2017.
  • Entrepreneurial spirit – Innovative and creative ideas to further promote the Bird & Bird brand.

We are looking for Campus Ambassadors at the following universities:

  • Warwick University
  • Leicester University
  • Durham University
  • Nottingham University
  • Exeter University

What can we offer you?

In return, you will be given excellent training, a broad network of Bird & Bird Campus Ambassadors from across the UK and the opportunity to gain a better understanding of a global law firm while showcasing your own creativity and talents. You will receive a discretionary payment for your work, plus excellent support and training.

The deadline for applications is Friday, 15 September 2017. Click here to apply.

Bean bags primed – Allen & Overy buffs up disruptive cred as eight companies join its innovation hub Fuse

Bean bags primed - Allen & Overy buffs up disruptive cred as eight companies join its innovation hub Fuse

Having already carefully cultivated an image as the most free-thinking City law firm in its weight class, Allen & Overy (A&O) has taken another step to recast itself for the age of disruption after choosing eight companies to join its ‘tech innovation hub’ Fuse.

The City giant is offering companies space in its London HQ which will work together with the firm’s lawyers, technologists and clients to create services and products for companies, financial institutions and law firms.

From 80 applications those chosen by the firm to take up places in the hub include legal AI specialist iManage – previously RAVN; digital legal services innovator Avokka; regulatory risk intelligence outfit Corlytics; legal technology innovator Legatics; legal management software company Opus 2 International; and AI company Vable. The first company to sign up for Fuse was fintech outfit Nivaura.

The Magic Circle firm has also taken on not-for-profit enterprise Ithaca, which aims to create a mobile online technology platform to assist asylum seekers gain access to pro bono legal advice.

The companies, which will move into A&O in September, are expected to spend four months using the facilities. After that time the firm will look to invite others to Fuse.

Fuse is the latest attempt by a prominent law firm to adapt the Palo Alto-style incubator model, with Mishcon de Reya and Dentons currently pursuing broadly similar ventures.

The tech companies were invited to pitch to Fuse’s selection committee, which included JP Morgan’s Oli Harris, Funding Circle legal counsel Robert Kerrigan, Amazon corporate counsel Alex Wong and Balderton Capital principal Sam Myers.

Fuse’s chairman, A&O partner Jonathan Brayne, said the selection process had been an ‘extremely interesting and rewarding experience’. He added: ‘We’re looking forward to welcoming the companies into the space next month, introducing people from A&O and our clients’ businesses to it and, ultimately, helping shape what emerges from the Fuse environment.’

The project is the latest in a string of innovations for A&O which last year teamed up with Deloitte for the first marquee joint venture between a Big Four accountant and a Magic Circle law firm. The firm eventually closed the doors to new clients following the launch of MarginMatrix, a tech-driven service to help banks handle regulation of the $500trn over-the-counter derivatives market.

While Fuse and its legal counterparts are billed as a means of bringing in new ideas and collaboration to the profession, the industry’s many luddites will be waiting to see if such ventures ultimately prove to be more vapid marketing exercise than brave new world.

This article first appeared on The Lex 100‘s sister publication, Legal Business.

News round-up, 30 August

News round-up, 30 August

Need help with commercial awareness? The Lex 100 rounds up some of the day’s interesting news stories………

US tax reform: Tough task for Trump says former Obama adviser – BBC

Hedge funds: Game of Thrones location spurs rise of business empire – The Guardian

BrewDog to give away 20% of profits each year – BBC

Theresa May refuses to rule out military action and cyber attacks over North Korea missile launches – The Telegraph

Uber pulls U-turn on controversial tracking of users after trip has ended – The Guardian

Marks & Spencer in talks to offload Hong Kong and Macau shops – The Telegraph

News round-up, 25 August

News round-up, 25 August

Need help with commercial awareness? The Lex 100 rounds up some of the day’s interesting news stories……

‘Self-driving’ lorries to be tested on UK roads – BBC

Tories may compel firms to disclose gap between pay of CEOs and workers – The Guardian

Provident Financial shares bounce back after management shake-up – The Telegraph

Samsung heir Lee Jae-yong jailed for corruption – BBC

The Guardian view on grocery wars: Lidl Britain – The Guardian

Spotify moves closer to listing as it strikes deal with Warner Music – The Telegraph

Is the fun being sucked out of Notting Hill Carnival? – BBC

A great alternative to a career in law: attend an Insight Day or an AGM with the ICSA

A great alternative to a career in law: attend an Insight Day or an AGM with the ICSA

Company Secretaries are responsible for supporting the board and keeping them informed of their legal responsibilities. This allows many lawyers to begin their careers as governance professionals and naturally transition into that of a company secretary.

Why should you consider this career?

Becoming a chartered secretary immerses you not only in law, but in business strategy and finance providing you a broad career rather than having to specialise. You will be an influencer in important organisational decision making.

What’s more, with your law degree you are eligible for exemptions from at least two modules from the Chartered Secretaries Qualifying Scheme (CSQS). By studying the specialist modules, we can help you meet the responsibilities of the role confidently while being part of a member network with access to global knowledge and support.

Find out how to fast track your career

‘I think particular when you are studying law or looking to graduate from law, you think you can only do some of the things within a legal department but I’ve managed to do it from all within a company secretarial remit…and it’s been brilliant.’ – Julian Baddeley (Aviva plc)

More resources for graduates

Visit our new Graduate Hub and peer inside the company secretarial teams of a FTSE organisations. Choose from one of our popular insight days, shadowing schemes, or sit in on an AGM (these are limited and available on a first come basis).

Save the date:

AGM Invitation

Company Date Seats left Location
DS Smith 5 September 2017 2 London
Dixons Carphone 7 September 2017 2 London

Insight Days

Company Date Spaces Location
Aviva 8 September 2017 20 London
Intertrust 12 September 2017 12 London
Royal Mail 28 September 2017 20 London
Nationwide 10 October 2017 20 London
Rolls Royce 17 October 2017 12 Derby
National Grid 20 November 2017 20 London

To register your place at any of the above, please contact us at [email protected] or call +44 20 7612 7021.

Trainee retention: Linklaters, Gowling, Macfarlanes and Ince keep rates high for the autumn

Trainee retention: Linklaters, Gowling, Macfarlanes and Ince keep rates high for the autumn

Linklaters is the latest Magic Circle firm to post its trainee retention numbers, retaining 84% of its 56-strong cohort.

This proportion was slightly down on its 91% autumn retention rate last year. 53 offers were made to this year’s group, with 47 accepting positions. Last week Allen & Overy posted a retention rate of 85% while Freshfields Bruckhaus Deringer retained 66% of its cohort.

In addition, Gowling WLG, Macfarlanes, Ince & Co, Taylor Wessing and Stewarts Law have also revealed their trainee retention rates this week.

From a group of 25 trainees, Gowling WLG has retained 21 individuals, giving it retention rate of 84%. Twelve people have taken up newly qualified positions in the City and nine will join the firm’s Birmingham office. It’s an improvement on last autumn’s 78% trainee retention rate when the firm kept 18 of its 23 trainees.

Macfarlanes has retained 100% of its 25 trainees, with 23 individuals agreeing to permanent positions while two people accepted fixed term contracts. This year’s figures are an improvement on last autumn’s 90% retention figure. The firm’s head of graduate recruitment Seán Lavin said the firm tries ‘very hard to ensure that we can offer a role to each trainee on qualification in order to keep that talent within the firm’, taking on ‘the highest quality … with a view to offering them long-term careers with the firm’.

Ince & Co has mirrored its results from last year, posting a 90% retention rate from its group of 10. Two of its NQs will join take up places outside of the firm’s London headquarters with one joining its Monaco office and another in Dubai. Last autumn the firm retained 89% of its group of nine.

Taylor Wessing posted a lower trainee retention rate, keeping 62%. It’s a tumble on last year’s figures when the firm retained 77% of its group of 22. Sixteen NQs will remain at the firm with patents; IT, telecoms and competition; disputes and investigations; private client; private equity; private capital and corporate finance; and real estate, planning and environment practices each gaining two new associates apiece, while the construction and engineering and tax and incentives practices will both be receiving one NQs.

And despite another strong year financially, Stewarts Law has retained just one of its four trainees qualifying this autumn.

This article first appeared on The Lex 100‘s sister publication, Legal Business.

News round-up, 15 August

News round-up, 15 August

Upcoming training contract interviews? Need help with commercial awareness? The Lex 100 rounds up some interesting business-related news stories.

Trump set to order China trade investigation – BBC

Logistics firm John Menzies walks away from planned DX merger – The Telegraph

Controversial Garden Bridge project scrapped – The Times

UK inflation tipped to rise again with wages forecast to stagnate – The Guardian

Disruption is over – and Facebook won – BBC

Rise of electric car solves little if driven by fossil fuels, warns windfarm boss – The Guardian

Aldi to launch online delivery service in the US – The Telegraph

University must charge £9,000 fees ‘to make up for cuts’ – The Times

‘Unprecedented in scale’: Travers, Slaughters and Hogan Lovells advise as Tata Steel separates UK pension scheme

‘Unprecedented in scale’: Travers, Slaughters and Hogan Lovells advise as Tata Steel separates UK pension scheme

Travers Smith, Slaughter and May and Hogan Lovells have all advised as Tata Steel today signed a long-awaited agreement to separate its business from the £15bn British Steel Pension Scheme (BSPS), in what is the largest pensions scheme restructuring ever in the UK.

As a result of the separation, achieved through a regulated apportionment arrangement (RAA), Tata Steel will pay £550m to BSPS, which will also be given a 33% equity stake in the steel company. With the support of the Pensions Regulator and the Pension Protection Fund (PPF), a new BSPS will be created after an assessment period.

Slaughter and May advised long-standing client Tata Steel on the restructuring, with pensions and employment partners Charles Cameron and Phil Linnard, restructuring partner Ian Johnson, finance partner Andrew McClean and M&A partner Padraig Cronin comprising the team. PwC also represented Tata Steel.

The BSPS trustee has been a Travers Smith client for ten years, and the firm represented it on the restructuring with a team that included pensions partners Paul Stannard, Dan Naylor and Susie Daykin, finance partners Jeremy Walsh and Ed Smith, corporate partner Adrian West, tax partner Richard Stratton and derivatives partner Jonathan Gilmour.

The separation of the BSPS had been seen as a barrier to a potential merger of Tata Steel with Germany’s ThyssenKrupp, but the separation may now accelerate merger discussions.

In a statement, Tata Steel’s group executive director Koushik Chatterjee said: ‘Considering the continued challenges in the global steel industry as well as the uncertain global politico-economic environment, the RAA presents the best possible structural outcome for the members of the British Steel Pension Scheme and for the Tata Steel UK business.’

The PPF, which was represented by Hogan Lovells, said in a statement: ‘Members of the British Steel Pension Scheme will have seen a lot of speculation about the future of their pensions, so we want to reassure them the PPF is there to protect them throughout this process.’

Slaughter’s Cameron added: ‘This restructuring is unusual in a number of ways, and unprecedented in its scale. It is by far the largest pension scheme restructuring carried out in the UK.’

In April 2016, Forsters lined up opposite Slaughter and May on Tata Steel’s deal to sell its European long-products business to UK investment house Greybull Capital.

This article first appeared on The Lex 100‘s sister publication, Legal Business.

Forsters and Allen & Overy post autumn 2017 retention rates

Forsters and Allen & Overy post autumn 2017 retention rates

Another round of retention rates has been announced. For these lucky trainees, the work is just beginning!

Forsters has announced a perfect 100% retention rate in relation to its autumn 2017 qualifiers. The Mayfair firm will welcome all eight of its qualifying trainees as associates come September.

Magic Circle giant Allen & Overy has also released its 85% retention rate, confirming that 40 out of 47 soon-to-qualify trainees will join the leading firm as associates this autumn.

67 of 91 qualifiers at Pinsent Masons will stay on, giving the firm a score of 74%, whilst Sullivan & Cromwell boasts an impressive 100% retention rate, having enticed all four of its qualifying trainees to sign on the dotted line.

For more information on autumn retention rates, see our trainee retention table.

News round-up, 9 August

News round-up, 9 August

Upcoming interviews? Need some help with commercial awareness? The Lex 100 rounds up some of the day’s interesting stories.

World Championships: Isaac Makwala withdrawal decision defended by IAAF – BBC

Worldpay agrees £9.3bn tie-up with Vantiv – The Telegraph

UK citizens to get more rights over personal data under new laws – The Guardian

Darling: ‘Alarm bells ringing’ for UK economy – BBC

North Korea threatens attack on Guam after Trump’s ‘fire and fury’ warning – The Times

FT journalists revolt over colleague’s sacking – The Telegraph

The Guardian view on data protection: a vital check on power – The Guardian