Communication and speaking skills can be developed during your studies by taking part in . Registered in England and Wales with Company Number 08037587. To understand more about how we use cookies or to change your cookie preferences, click on Showsettings. We recruit people to build careers for the long term. Cohorts are even known to organise trainee trips away together. All these steps are in place to ensure you feel supported throughout your training programme. A vacation scheme at Macfarlanes is a two-week snapshot into life as a trainee. In each seat a partner or senior associate supports and supervises you. The firm is known for the quality of its work; not just in dealing with the full range of corporate and commercial matters, but in advising clients on their private affairs as well. The core focus of the practice is to advise on large and complex defined benefit pension de-risking transactions, usually acting for insurers and reinsurers. We also continue to provide additional financial assistance in the form of a 13,000 grant during this time. Our application process opens towards the end of September each year. These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. We pride ourselves on providing a learning experience that is genuinely distinctive. This gives you direct, regular access to your own Trainee Solicitor Committee partner, who can discuss any issues you may have. This means wider exposure for you and greater insight into the issues facing our clients. We have a strong, independent culture, which is challenging and supportive, creating an environment where everyone, at whatever level, can thrive. Macfarlanes receives another 1,200 applications from candidates gunning directly for its training programme; the application form is the same one that is used for the vac scheme. Famous for: combination of leading private client and corporate practices, UK partners/solicitors/trainees: 95/303/72, Seat options: commercial, brands, IP and IT; competition/antitrust; construction; corporate and M&A; derivatives and trading; employment; finance; financial services and products; lawtech; litigation and dispute resolution; pensions; private client; private equity; private funds; real estate; restructuring and insolvency; reward and tax. As with the SQE preparation course, the firm covers your fees, and you receive a 13,000 grant. The corporate insurance and pension risk transfer team at Macfarlanes comprises three partners, one senior counsel, two associates and one trainee. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance. All elements, including the bespoke Macfarlanes modules, are paid for by the firm. Will US Firms Start to Open Locations in India? Penningtons Manches Cooper LLP. word count than a guideline, if you know what I mean. . And without all those costly overheads, it reaps a . Trainee. I'm genuinely unsure whether to apply or not because the questions are long/difficult! The typical Macfarlanes Trainee salary is 53,456 per year. I would highly recommend them as an employer and would return with no hesitation. Recent social highlights include crazy golf, bowling, a lunch and networking with the partners and a dinner on the penultimate night. And you benefit from the challenge of adapting to the different sets of skills needed by each. The firm advises applicants to make sure you can talk about us and what we do in order to stand out you need to show a detailed and specific interest in Macfarlanes.. If you studied a non-law subject at undergraduate level, you have to complete the Postgraduate Diploma in Law (PGDL) at BPP. The programme has been developed in-house, and all tasks have been modelled on real work and created by our associates and trainee . We know each other personally which means we work together with more cohesion, and less formality. Chambers Student, the students companion to the legal profession, gives the truth about law firms and the Bar. Cookies enhance site navigation, analyse site usage, and assist in our marketing efforts. Great teamwork skills, which include being kind and considerate. SQE timeline (for training programmes due to start in 2025). Oct 8, 2018 #1 Oct 8, 2018 . Applications are now open for our September 2025 intake. Vacation students will spend each week in a different practice area working alongside a partner, solicitor or trainee. All these steps are in place to ensure you feel supported throughout your training programme. We also find, recruit and train talented people from all backgrounds, who will one day shape and lead the firm. Macfarlanes has advised KPS Capital Partners (KPS), on entering into a definitive agreement to acquire a controlling equity interest in Princess Yachts, a leading global manufacturer of luxury motor yachts. We operate from two offices: in London, our main office, and in Brussels, where we focus on EU law. We also offer a comprehensive benefits package which allows individuals to select a range of benefits to suit their particular lifestyle, including: Our approach is simple. I am applying for a training contract . In each seat a partner or senior associate supports and supervises you. Money matters aside, Macfarlanes continues to score highly for its training in theLegal CheekTrainee and Junior Lawyer Survey. Intellectual Property Attorneys Average $128,913. Trainees can expect to do extensive research into black letter law, but thats not all: Tax is technical in nature and there isnt much precedent, so I did a lot of free-form document drafting off my own back. One trainee was pleased to find their skills developed in this seat: Tax is the best department when it comes to honing your researching skills and learning about black letter law because its such a legislation-heavy sector. It should be noted that rookies do get training on how to use legislative tax books and how to find certain resources. Pension scheme with company contributions. These cookies do not store any personally identifiable information. We use cookies to ensure that we give you the best experience on our website. Macfarlanes runs a scheme with local schools, which matches students with a lawyer at the firm: We just chat with them over Zoom a couple of times a week. Looking to provide support to those in neighbouring Newham, an underprivileged London borough, Macfarlanes buddies up GCSE students from diverse backgrounds with Macfarlanes lawyers, who guide them through interview preparation, career choices and any problems they may have. It seems like a lot to me, and I'm hoping it's more of a max. Spring/Summer 2023 receive your training programme offer from Macfarlanes. A vacation scheme at Macfarlanes is a two-week snapshot into life as a trainee. Applications open on 1 October 2020 online via our website and will close on 28 February 2021. All rights reserved. "I'm really good mates with people here - some of them came to my wedding!, Wellbeing became a big topic at the firm during lockdown, and this has something Macfarlanes has continued to address as the pandemic eases: Zoom talks on topics like good sleep and how to manage stress are common. This range of services is strongly entrepreneurial, which is also reflected in the way we run our own business. Some are necessary to help our website work properly and can't be switched off, and some are optional but support Bright Network in building and running the service that we provide to you. Inevitably hard work, but thats City law what do you expect?, states one. CSR is something the firm is particularly hot on: all trainees are signed up to help at the St Hildas East Community Centre legal advice clinic, and there are regularly charity initiatives throughout the year: The firm donates 50p for every coffee sold here. Everything the firm says about having an open door is true.. Law firms & in-house legal departments with a presence in the middle east celebrate outstanding achievement within the profession. Following a survey of 3,000 trainee solicitors from 165 top UK firms, Macfarlanes was ranked as a winner in the "Confident of being kept on" category. Your choices regarding cookies on this site. Induction marks the start of your training programme. Unfortunately for jet-setters, the more ESG-minded side of the firm is actively exploring and encouraging partners and associates to use less flights, so everyone is encouraged to consider the events they are invited to and be more selective if it involves international travel (or explore non-flying options). How many individual achievements/extracurriculars would you mention using this structure then? These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. P.C. We're delighted to announce the launch of the Macfarlanes' trainee experience, allowing you to complete mock trainee tasks whilst gaining an insight into our unique culture. These folks work with everyone from Visa to Virgin; they recently assisted Alexion Pharmaceuticals with the UK tax aspects of its $39 billion acquisition by AstraZeneca. I wrote a will for someone who died a week later. You can find out more in our privacy policy at any time by going to the link in our footer. We also divide trainees into small constituency groups. Ive been told that our application process is tougher than other firms, revealed training principal Jat Bains. The firm even has the former Lord Chancellor David Gauke as head of public policy! These cookies are necessary for the website to function and cannot be switched off in our systems. Despite handling such high-calibre work, Macfarlanes places a premium on hiring thoroughly decent people: There isnt a bad egg in any department Ive sat in. The mid-seat review takes place around three months into each seat, and you meet with both your principal partner and Trainee Solicitor Committee partner to discuss how your seat is going so far and your development points. Our charity of the year is the Haven House Childrens Hospice, which provides specialist care for seriously ill children. However, other qualities that are listed in their brochure include resilience, . The Solicitors Qualifying Examination (SQE). Autumn 2024 - sit the SQE 1 examination. From our office in London, you will work with global businesses and overseas law firms. We use cookies to ensure that we give you the best experience on our website. Internally, the firm has created a five-year plan to recruit more people from diverse backgrounds and to promote these lawyers: Obviously those efforts still need to filter through, so there are still a lot of straight white men of a certain age at the top. The good news is there are more women than men at associate level, whilst the latest cohort of trainees is predominantly female with good representation of minority groups. We work with some of the worlds most high-profile organisations and business leaders. You need a 2:1 degree or above, though we do take account of extenuating circumstances. To find out what it is like to work at Macfarlanes LLP read the firms Meet the Lawyer profile. It may not display this or other websites correctly. AllAboutLaw.co.uk 432 subscribers Subscribe 2.4K views 3 years ago A partner, an associate and a trainee from. To help gauge your progress, you have mid-seat and end of seat reviews. We also divide trainees into small constituency groups. Our unrivalled blend of expertise, agility and culture means we have the flexibility to meet their most challenging demands and adapt to the changing world around us. The Corporate Law Academy (TCLA) was founded in 2018 because we wanted to improve the legal journey. As a trainee you could be working on major corporate transactions or commercial litigation, and then working for private clients on their most sensitive affairs. Macfarlanes has advised next-generation global events business Hyve Group plc on a recommended takeover bid for it by funds advised by Providence Equity. Macfarlanestax and rewardgroup acts on private equity, corporate, property, employment and fund formation work. The Legal Cheek View. The newly qualified (NQ) solicitors are set to see their salaries double to $100,000 from the 50,000 they earned when they began as trainees at the silver circle firm two years ago . Because we respect your right to privacy, below you will find descriptions on the types of cookies used on this site and options to opt out where preferred. For a better experience, please enable JavaScript in your browser before proceeding. At Bright Network we use cookies and similar technologies to help deliver you the best possible experience. For our trainees, this means a relatively small cohort each year, where we rely on you to handle important client work. Work can include being asked to draft a real letter - and then working through the draft with a solicitor or trainee - or carrying out some research on a live issue for a client. Sorry I don't have much to add other than the Macfarlanes app is SO Long. These sessions help build your legal knowledge and inform your seat choices. A vacation scheme is a way of gaining invaluable work experience at a law firm. Resilience - that is a grit and ambition to take on real responsibility. Please note blocking some types of cookies may impact your experience of the site and the services we are able to offer. Proving that theyre not just paying lip-service to D&I, the firm runs a reverse mentoring programme, where juniors with diverse characteristics explain the issues they face to someone more senior who doesn't have those characteristics. One of the assessments requires applicants to talk through three different business case studies (which have been designed to test their commercial awareness) with a partner and senior solicitor who wont have seen their application. Applications for the first year insight scheme . Vacation scheme deadline (2023):6 January 2023, First-year insight scheme deadline (2023): 27 January 2023, Training programme deadline (2025): 21 July 2023. Sep 6, 2018 1,537 3,849. Summer vacation scheme two: Monday 10 July to Friday 21 July 2023. Macfarlanes has been voted as one of the 300 most popular graduate employers in the UK by almost 75,000 current undergraduates and will be appearing in the 2021/22 UK 300. We want students to have the opportunity to meet everyone from the senior partner to our future trainees,says senior graduate recruitment manager Catherine Morgan-Guest. This 32-week course includes everything you need to ensure you are fully prepared to work in commercial practice. The industry-leading media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success. This includes socials with trainees or lunch with partners and other associates, as . Those who opt to do this attend an application interview and undertake application blind assessments, which include a written exercise and a business case study exercise. Not everyone can easily spend two weeks in London away from their responsibilities, says a statement from the firm, and so the app can give someone a taste of what being a trainee is like remotely. You may be surprised how quickly you feel part of the team, and how soon people at all levels know your name and value your contribution. We want students tofeel what it's like to be a trainee,say graduate recruitment. The interview covers the applicants motivation for a career in law at Macfarlanes and a discussion around their application. As part of this growth, we are seeking to expand our alternativ The investment management practice is looking to recruit an alternative funds solicitor with three to five years PQE to join its successful team. Macfarlanes has launched a new training scholarship which provides financial support, mentoring and paid work experience to three Brunel University students each year. We wanted to form a community of aspiring lawyers who care about becoming the best version of themselves. Macfarlanes has confirmed that full equity partners are paid an average of about 2.02 million each. Several spies confessed that there are some superiors that are a little intimidating but on the whole everyone is lovely, very supportive and encouraging. The firm has partnered with BPP to design a bespoke programme that goes beyond helping you pass SQE assessments. Applicantsneed to demonstrate commerciality, practicality, ambition and a desire to work within the firm.. Macfarlanes has advised Hayfin Capital Management, a leading European credit platform on the raising of its third Special Opportunities fund (Special Opportunities Fund III), which exceeded its target size and closed with commitments of over 2bn. Free, confidential counselling is also available. Macfarlanes' London office City law firm Macfarlanes has increased the salaries of its newly qualified (NQ) associates by 7.5%, Legal Cheek can reveal. All rights reserved. Quali-fly: The firm doesnt offer secondments at trainee level, but NQs have the option of spending time at one of Macfarlanes international sister firms. The African Legal Awards recognise exceptional achievement within Africa s legal community during a period of rapid change. It was a lot of responsibility, but the partner let me run with it! Even those who werent particularly interested in transactional work still enjoyed the seat because the team is so friendly! Others reckoned: The seat doesnt deserve the reputation it has in terms of hours. Are you looking to expand your Macfarlanes investment management team? The takeover values Hyve at approximately 320 million and is expected to be implemented by way of a court-approved scheme of arrangement. The form is designed to give you every opportunity to tell us about yourself and show your interest in Macfarlanes. Typical tasks include drafting board minutes, attending client meetings, doing research and handling shareholder agreements. Our Team Account subscription service is for legal teams of four or more attorneys. "People would make a point of getting up from their desks to welcome me., Back on home soil, Macfarlanes is considered the crme de la crme in everything from civil fraud and financial services to construction and private equity. Can you get a training contract without work experience? It starts with selecting ambitious individualsWe look for a combination of character, drive and intellectual curiosity these are the qualities that enable you to deliver more for our clients and fulfil your potential when it comes to your career. A collegiate atmosphere among the pretty nice bunch of trainees helps soothe the grind, as does the very approachable senior associates and partners who adopt an excellent open door policy. You start your two year qualifying work experience in September 2025 after you have sat SQE 2. This 32-week course includes everything you need to ensure you are fully prepared to work in commercial practice. We give you all the support you would expect from a leading law firm, along with the benefit of regular reviews and close mentoring from partners. explore the world through the prism of knowledge. All information these cookies collect is aggregated and therefore anonymous. These include a talk by our senior partner and a dinner with a number of partners from around the firm. Our culture is thoughtful, challenging and supportive, and we are a place where everyone, at whatever level, can thrive. That said, according to one rookie, there can be a bit of an old-guard vibe amongst some of the older partners who are quick to point out your professional [and] fashion faux-pas. 50% of trainees will have completed a vacation scheme with the firm. Macfarlanes, Ince & Co and Linklaters have all announced great Autumn retention rates, while Stewarts Law has posted the worst results of any firm so far. Can I get a training contract without a vacation scheme? Celebrate outstanding achievement in law firms, chambers, in-house legal departments and alternative business structures. Sources said they got to become subject matter experts in this seat: When youre working across the lifecycle of a transaction you end up learning loads about the clients product. Its partners salaries have risen by more than nine per cent over the past year following a 10 per cent rise in revenue to nearly 261m. Some of the work which is largely high-end M&A can be slightly terrifying though. Another explains how trainees will occasionally get thrown a boring admin task, but on the whole you will work in small, close-knit teams with partners and senior associates on important work. Fluency in [language], [language] and English and my strong corporate background provides me with flexibility which would make me a valuable asset to Macfarlanes.
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