It does feel like a short term option as a career because the opportunities are so limited and firms are so happy to throw juniors aside the second its convenient. You really need to be strict about what you’re willing to give in order to climb that career ladder and think hard whether it’s ever worth it. He mentioned when he was going through the process it was absolutely imperative to have a fair bit of faith in the firm you accepted a TC offer from, as that was the firm you’d likely be with through thick and thin all the way to retirement. One trainee said they “haven’t come across a single partner that I wouldn’t walk up to for a chat or to ask questions”. Additionally, Al Malizia has accepted the position of vice president of operations, and will […] © Copyright 2021 Legal Cheek Ltd. All Rights Reserved. It shouldn’t be acceptable that trainees who are largely in their mid to late twenties, and really don’t have time to waste, could find themselves in practice areas they have no interest in because the firm ordained it and then with little ability to pivot to something new because the majority of a biglaw training contract is admin work or at best very trivial legal work. Paid Partnership Trainee solicitor Michael Kennedy reveals why Addleshaw Goddard Graduates is upfront about the limitations of artificial intelligence Now I am qualified, I can only get a role within the 4 areas I did my TC in (none of which I find midly interesting or stimulative), no firm wants to take an NQ who had no previous seat in that particular field. Yeah, I was thinking the same – why so many thumbs down? Commercial firm Addleshaw Goddard seems a happy ship, rating highly for supportive peers in the 2020-21 Legal Cheek Trainee and Junior Lawyer Survey. An insider tells us: “The hierarchy is fairly flat at AG. I tried transferring my TC to another firm, looked at every possible way to get out – apparently TC transfers are a big taboo in this profession – why? We know that this has been a very difficult and uncertain period for many of the team and these decisions have been reached only after the most careful and thorough consideration.”. City player will now recruit 50 trainees annually. © Copyright 2021 Legal Cheek Ltd. All Rights Reserved. Chelmsford, United Kingdom. Very refreshing. My firm wanted me to do the typical admin trainee stuff and I just said ok, or you could let me do my own thing and actually get chargeable work whilst I learn the technical law behind my practical knowledge. The partners and their clients are the winners – how do you think they perceive trainees and associates responding to emails until 3am every night? Social media is amazing, especially when these same firms that destroyed the lives and careers of their juniors brag about growth and increased partner remunerations… You may get into bother if you lie on your CV to get a job, but it’s ok for these firms to lie about the kind of roles and prospects they’re offering you. Alternatively, you can use your email address to get started. Before I started the TC – I was working in the industry I wanted, why did I leave to do this TC? Do they think you’re a winner or a sucker? They were consistently late and unorganised with moving you on to the 2nd, 3rd, 4th seat. Amy Winchester. Amy Winchester. The outfit confirmed it had made 19 redundancies within its real estate team, with a further three team members “redeployed” into other practice areas. The post Addleshaw Goddard keeps 33 out of 37 autumn qualifying trainees appeared first on Legal Cheek. This is a really good point. Adjustment to working from home was “super” and “seamless” – all lawyers, paralegals and support staff were given £200 towards extra kit for working from home and the IT worked “flawlessly”, respondents report. Surely, if you manage to graduate, get those degrees, pass your TC, it should be accepted that we can go into a new field (not having had a seat in it during TC) and learn it on the way just as well? Graduate recruitment is dominated by it. Lawyers from the firm’s corporate, commercial, technology and finance teams will discuss their work advising multinationals, global banks and fintech start-ups, including Edinburgh-based Skyscanner. Commercial firm Addleshaw Goddard seems a happy ship, rating highly for supportive peers in the 2020-21 Legal Cheek Trainee and Junior Lawyer Survey. ... Addleshaw Goddard advises Nplus1 Singer on essensys Initial Public Offering. Guy’s barely 30 but he looks 40 odd and not the “good 40” so to speak.. Event Date: 20/10/2020. My level is home ownership and occasionally seeing my wife. I like the idea of wage slaving for a few millionaires being “winning”. Otherwise, “day-to-day, we learn on the job with clear instructions and feedback,” a rookie reports. Many of the world's most recognised and respected businesses – including 43 FTSE100 clients in the last two years – come to Addleshaw Goddard to deliver just that kind of simple answer. If the SRA really cared about junior lawyers they would make it possible for trainees to report firms like this. The outfit confirmed it … Follow us for insights, updates, and news from the AG Graduate Recruitment team! Addleshaw Goddard advises BAT on acquisition of Swedish snus maker. So I stuck with it – 2 years and all that money and effort at uni down the drain. Individual experiences may vary. Dentons, meanwhile, announced its own redundancy consolation last month, which could affect up to 24 lawyers across its UK offices. Addleshaw Goddard has become the latest big legal player to up the salaries of its newly qualified … Yes, he has all the newest tech and can afford some impressive suits to impress all kinds of clients and ladies around, but he has no time for personal relationships and has aged beyond imagination. Anna has been in the Addleshaw Goddard Restructuring team for over 12 years, starting her career in the Leeds office. This is especially true of the partners, often I found myself working directly with the partners on transactions.” Overall, survey respondents’ comments are scattered with words such as “friendly”, “sociable” and “easy going”. Don’t know why you’re getting so heavily downvoted. In the firm’s latest financial results, released in summer 2020, Addleshaw saw profit per equity partner fall 5% to £690,000 as revenues rose 4% to £288 million. Addleshaw lets trainees get stuck in on proper lawyer work rather than boring tasks. Trainees may be given further specific training, and will also attend any training session the department holds. Trust me, when you work in that kind of environment, one you cannot escape from – no amount of money will be enough to make it “worthwhile”. I think another thing to factor in is that firms still definitely treat their trainees as if they’re interns who should be overjoyed to work there, even if they’re spending most of their time photocopying after a degree, a masters and the LPC. To address some of the comments above and as someone previously at AG, can confirm that the hours for corporate/finance associates is pretty much the same as the hours found in MC and US firms – only difference is you’re taking a 20-70K hit on salary depending on seniority. Partner, Corporate ; London, UK Expertise. Indeed. I was a career changer into law in my late 20s, transferring from the energy sector which is a sector my firm has a practice group in. It advises FTSE 100 and other major companies across corporate, commercial, finance and project, real estate and litigation. I wouldn’t be surprised if a few of those shovelled out are relatively new hires. With Addleshaw Goddard, Ashurst, CMS, Hogan Lovells, Eversheds, Irwin Mitchell, Linklaters, Pinsent Masons, Shoosmiths and more. My recent experience has been that, even if you get an interview for a retrain, employers treat you with such a degree of suspicion (in terms of switching back to the original area of law you come from) that it makes me think why on earth did they waste my time calling me for an interview then? Associate (Finance) at Addleshaw Goddard LLP Greater Leeds Area. I have a friend who was “lucky enough” to get his TC in an MC firm. My 4th seat was basically a repeat of my 1st seat…. “Peaks and troughs…some people have a worse time of it than others,” said one. Yes, he has a big MC name in his CV, but from what I’ve heard he’s now so overburned and exhausted he doesn’t think he’ll continue with the profession. He’s been with that firm for 4 years now, yes he gets a fair whack of money each year but he gives half of it in tax. The next time I (and his own family) actually saw the guy was for a couple of days when he came back to celebrate qualifying. Addleshaw Goddard has cut 19 lawyer roles across its UK offices following a redundancy consultation. I haven’t seen many metrics out there that review the exit opportunities based on specific firms. that’s very sad jaded by law – are you sure you cannot change specialism at all? Or you’ll be so overworked and overstretched that its impossible to produce decent work, and you’ll be punished for that too. This was a time when there was significantly less competition for TCs and you were automatically offered partnership at 5PQE unless you were consistently negligent. Many talk about using TCs at big name firms as a springboard to roles in fintech/lawtech, traditional banking or management consultancy. Addleshaw Goddard’s London office Addleshaw Goddardhas cut 19 lawyer roles across its UK offices following a redundancy consultation. This again brings me to my previous point about locking ourselves into one particular area of law which makes it very difficult for people to tweak their careers. Graham is recommended in the Legal 500 for Mid-market M&A where he has been described as being "insightful, creative and hardworking" and is noted for his client service and dedication. Start Time: 13:50. Ummmmmmmm hate to break it to you but you’ll find nothing of the sort at AG. MC kids will mock an AG lawyer for earning less but they’ll be laughing from the office/their bedroom on zoom. It’s very depressing really. Please note that due to COVID-19 secondment probabilities are lower than in usual years. It works out in the end though. Addleshaw-Goddard (AG), the 15th largest law firm in the U.K., is seeking ways to serve larger clients on more important legal matters. The only people who clock off at 6/7 are the folk in Planning, Pensions and other similarly small teams. If you’d like to get a further, first-hand insight into our organisation, we recommend applying for one of our placement schemes. Agree completely. Back to your Zoom lecture on Admin Law you go. Having spoken to the trainee there, they were merely having a read over and sending comments to the associate who’d deal with the substantive drafting whereas I was responsible for the whole doc itself!”. On Thursday 29 November Legal Cheek is partnering with Addleshaw Goddard for an evening of commercial awareness discussion and networking with its lawyers and graduate recruitment team at the firm’s Manchester office. You were incredibly lucky then to have found an employer that would listen to you. Everyone finds their level. The regulatory team is known for expertise in retail financial services and payments work and is increasingly active in wholesale banking, wealth and asset management. Re advising not to go into law: depending on the outcomes of any real market research into the exit opportunities that I queried, perhaps a TC at a MC/SC/US/other big brand City firm may be the perfect thing to recommend to students with little to no interest in private practice law… first couple years are going to be photocopying, creating powerpoint slides and checking signature blocks no matter where you wind up. 3:47. No amount of money is worth constantly cancelling on friends for work, losing those friends and finding new friends in the office evening canteen staff. The GDL and LPC grants are reduced to £4,500 outside of London. I was talking to a significantly senior lawyer about this. The firm has about 1200 lawyers in 12 offices in London, Manchester, Leeds, Edinburgh, Glasgow and Aberdeen, Hamburg, the Middle East, Singapore and Hong Kong, and a formal alliance with a firm in Tokyo. Kafeel Azher. Use one of the buttons below to sign in or create a new account. When COVID-19 struck, the firm’s enthusiasm for technology paid dividends. Addleshaw Goddard Graduates. There’s a popular term in the investment banking world – “exit opportunities”. However, secondments with clients are fairly common, and were taken with Drax Group, BP, Castle Water, Aberdeen Standard Investments and a FTSE 100 retail company. @MC Partner – I’d much rather work decent hours for competitive pay at AG than sacrifice my life/soul/mental health/relationships for below market pay in the Magic Circle. I didn’t get the seats I wanted and was lumped into banking and you realise that your fate is beyond your control. End Time: 17:00. Contact Details Chambers and Partners No.3 Waterhouse Square 138 Holborn London, United Kingdom EC1N 2SW View in maps Contact Us I could go on listing things how this firm is destroying him and his life, but why would I? Event Date: 08/10/2020. The sad part is that no firm ever thinks about its juniors as human beings, it’s so easy for them to just get rid of everyone rather than redistribute people to other departments. Legal Cheek Scottish Law Fair. I really feel like the last 2 years were a complete and utterly waste of time through no fault of my own. All the best to those being made redundant at such a horrible time of year and in such uncertain times. Nevertheless, many feel they have further to go, with one person highlighting that the takeaway food comes in a polystyrene box and the salads come in plastic tubs, and another noting that, despite the firm’s policy that domestic air travel should only be done with permission, “all Scottish trainees were straight away given the option of flying down to London for the trainee conference”. Part of this strategy involves its "Client Development Centre (CDC)," an innovative idea and set of services launched by Dr. Jim Hever who holds a … I know for a fact it’s not from people working at MCs cause they wouldn’t have a second to spare to get on LegalCheek and would get into bother being seen not working at all hours of the night. Which IB firm will provide the best exit opportunity. I saw countless firm partners that either never got married, never had the time to have children, or are divorced (or have serious marital issues) cause their spouses couldn’t handle a non-existent party in the relationship. Addleshaw-Goddard (AG), the 15th largest law firm in the UK, is seeking ways to serve larger clients on more important legal matters. The firm has a strong interest in tech, and offers trainees a six-month lawtech seat working alongside lawyers and technologists to develop products in its innovation and legal technology group. Other firms to make job cuts in recent months include Reed Smith, Irwin Mitchell and Fieldfisher. Go to the MC where you can get all of that for slightly more!! The focus of the session will be on how technology is … Feel free to DM me on LinkedIn do you want to discuss confidentially, Thanks Chris. 272 likes. Addleshaw Goddard keeps 33 out of 37 autumn qualifying trainees. Insider Scorecard Grades range from A* to D and are derived from the Legal Cheek Trainee and Junior Lawyer Survey 2020–21 of over 2,000 trainees and junior associates at the leading law firms in the UK. Overburning and complete physical and mental exhaustion is a real issue in this profession and a real threat if you end up with the wrong employer. It should also be a requirement, upon starting a TC that a written agreement is signed between the firm and a trainee clearly outlining which seats have been agreed. wouldn’t expect less from such a sub par firm. The Legal 500 UK. Eversheds Sutherland – 50. In reality, I think trainees need to be given far more say over their own careers and the quality of training needs to be improved. People practise in the provinces because they are not good enough to be in London. “They seem to hire genuinely nice trainees ― there’s no competition or infighting,” says one rookie. Generally speaking, the lawyers considered their work-life balance not bad for a commercial firm of Addleshaw Goddard’s stature. AG have just lost a significant client and are on the brink of losing others. Mind you, I’m no spring chicken, I came to that firm in my late 20s already, so I wasn’t as young and impressionable as some other trainees that they normally deal with. Greater Denver Area. In my experience, law firms have a tendency to decide very early who is good or bad – they say its fine to make mistakes, but those will be held over you and future opportunities for good work assignments will be held back from you. Hogan Lovells – 50. Control is an integrated solution which brings together AG's experience in litigation financing and market know-how with a willingness to share risk and the flexibility to structure a bespoke financing package appropriate to the client and the case. Legal Cheek’s event with Addleshaw Goddard last month provided an opportunity for students to gain insights into different routes to law. ... Addleshaw Goddard – 50. So my question would be, why are we still locking ourselves into 1 area and make it so impossible for people to switch easily? I don’t know how much AG pay their associates but for me, taking home 20-30k less per year but knowing I would be home to cook dinner with my partner every night or be able to meet friends who have the fortune of working 9-5 somewhere interesting (and would pretty much never have to work on the weekend) was a trade off worth making. First year trainees in Leeds and Manchester receive £27,500, while second years earn £29,500 and newly qualified (NQ) solicitors are paid £45,000. Addleshaws launched a redundancy consultation in September, with 22 real estate lawyers told their jobs were at risk. Start Time: 14:00. Now we waste 2 years of our lives doing meaningless stuff for a firm that doesn’t care about you and get stuck with whatever presets they chose for us… Where’s the logic in this? Newly qualified lawyers receive £75,000 (London), £45,000 (Leeds and Manchester) and £42,000 (Scotland), and this year the firm retained 33 out of 37 of its autumn qualifying trainees and all 11 of its spring qualifying cohort. Regardless of your background, if you’re motivated by the prospect of joining Addleshaw Goddard, we look forward to your application. By contrast if you’re in prop lit this is not likely to be a quiet time for you. Silver and Magic circle are all vanity. Thx for the comment fresher. It’s not surprising that you have to work hard. I was promised that everyone got to do their first choice at least once and instead I’ve been put in areas not even remotely related to what I wanted. So now I’m stuck with a profession that’s stressful, gives me no joy and there’s little I can do to change that. Josh Gorman. Registered in England and Wales with Company Number 08037587, announced its own redundancy consolation last month. Following a nine month secondment in 2011 to a clearing bank Anna moved to the London Restructuring team in 2011. I have worked at a big city firm and somewhere achingly provincial and much prefer the latter. “Some (but not many) trainees manage to leave at six on the dot every day.”. Anna recently returned to the team having spent 10 months on secondment to a clearing bank's restructuring team. As recruitment became more competitive and the time barrier to partnership grew and grew, as well as a diminished appetite to offer equity share (there was no “salary partners” in the firm when he got upped), it became standard to think “well this firm will give me a really good start but I probably won’t stay here forever”. According to another rookie, “You don’t feel like a trainee and your role isn’t particularly admin heavy. All the wannabe solicitors/barristers over here would not believe a single word anyway. Of course, there’s always that slight chance that at some point somewhere firms will get so desperate that they will take in retrains. You get into a firm that promises you the world and an amazing career, you get in and see it was a complete lie, and the first opportunity they get – you’re out. Average arrival and leave times derived from the Legal Cheek Trainee and Junior Lawyer Survey 2020–21 of over 2,000 trainees and junior associates at the leading law firms in the UK. 13 associates and six support staff redundant following review, Performance exceeds expectations for first half of financial year. For all the latest commercial awareness info, and advance notification of Legal Cheek's careers events: Out of interest, what would have actually dropped-off in the real estate world to necessitate this? Legal PA at Addleshaw Goddard. Unfortunately, there aren’t many firms that truly look after their own people. Pages Businesses Media/News Company Legal Cheek Videos What does the rise of artificial intelligence mean for patent lawyers? Don’t think i’ve seen honest chat like this in the LC comments for sometime. You have literally just described exactly what happened to me. Kafeel Azher Associate (Employment) at Addleshaw Goddard London. Amy Winchester Wilderness and somatically-oriented psychotherapist. Shortlisted firms: Addleshaw Goddard Graduates, Allen & Overy UK Graduate Recruitment, Bird & Bird Graduates UK, Bryan Cave Leighton Paisner Graduates, CMS … Yeah… that’s basically all we can do – hope for a better tomorrow that’s not going to come for months. Terrible hours, below par pay, no soul, declining mental health. As soon as I told them that my TC was primarily litigation based (just not commercial) and once I told them what seats I did, those praises and “attempts to get me to switch” stopped immediately… So there you go…. The open-plan layout means you are always learning from your surroundings, and get to know senior members of the team fairly quickly.”, Prior to each seat, trainees are given at least a day of training to bring them up to speed with the basic concepts involved. Legal Cheek is going round the country for its final series of student commercial awareness events of 2019. Feels like lately, the legal profession is becoming a short-term career for law graduates. Speaking at the time, John Joyce, managing partner, said: “[O]ur real estate team has grown over the last five years to match demand which has now reduced in some areas and after much thought we now recognise that we need to make changes given the limited prospects of imminent recovery.”. On Wednesday 6 November Legal Cheek is partnering with Addleshaw Goddard for an evening with its lawyers at the firm’s Edinburgh office. There is a firmwide drive towards greater eco-friendliness, with the recent introduction of Environment Week, good recycling systems and compulsory seminars on eco topics. Fortunately they agreed for the most part and only had to do a very little amount of admin. They were so amazed they took me of a few months before their usual trainee intake would start. In your twenties (or in uni) it kind of matters where you work because it defines you and people actually care but when you hit your 30s everyone already knows you’re lame and whether it’s CC or AG makes no difference at all to the people who matter. My second seat was a choice between 2 departments I had absolutely no interest in. You can be earning around 140k in your twenties. This sense of inclusion is no doubt enhanced by the fact that offices are open-plan with break-out pods and excellent canteens, although the survey did uncover some gripes about the “old buildings” in the Scottish offices, despite recent refurbishments to the interior (for balance, another respondent praised the “beautiful view of Edinburgh Castle”). My first seat was in a department I had no interest in. 1:18. Whether or not this is a good thing, it is a real trend. “You have the chance to work on everything from small local deals to large international work and nothing is ever dull,” says one. Addleshaw Goddard is a premium international business law firm. The legal profession is going to die if this doesn’t change, yes there will always be law students, but who wants to stay in a profession that takes your life and your mental health away for a wage that’s pyrrhic? There is relatively little opportunity to work internationally, although two lawyers spent six months abroad, one in Qatar and the other in Hong Kong. AG were hiring loads just before the pandemic. It would be interesting to know a) which firms have the most successful exit opportunities at NQ, Junior Associate and Senior Associate levels, b) what those exit opportunities are, and c) how many of those exit opportunities offer better pay, better work/life balance or both. Related Videos. Confirming the cuts today, a firm spokesperson said: “We can confirm that 19 individuals have been made redundant and three colleagues have redeployed into other teams. I know that this is what honest every retreat will say, but I also know people who have done so recently up to 3-4 yrs pqe – including myself. By this point, I was fuming inside because I couldn’t change anything and I fully understood that all these seats will not give me the kind of future and practice I imagined. Of course, Covid was an easy way to get rid of those underperformers, but firms should ask themselves – have you done enough to ensure your juniors had an opportunity to shine? At the same time, let’s face it, often the reality doesn’t match our expectations and fantasies about what it would be like working in one particular area or another (saw that ever so briefly in the corporate department). I wanted one practice area, I would happily do my other seats in whatever random shite they wanted me to do so long as I got that one seat. Guess what happened next? Now, I overhear vac scheme participants and law fair students muttering about how they have no interest in being a private practice solicitor, at my firm or otherwise, but rather want to either go in house at one of our clients or transition out of law practice all together, often right on qualification. Giles is a Corporate Finance partner based in London. There is so much luck involved in a legal career – right trainee seats, right mentors, firm performing well at times you need it to, partnership prospects and rivals appearing/disappearing at the right points, health (mental and physical) holding out throughout the process of working your way up. First year trainees in Scotland receive £23,500, while second years earn £26,000 and NQ solicitors are paid £42,000. That obviously didn’t help. Part of this strategy involves its "Client Development Centre (CDC)," an innovative idea and set of services launched by Dr. Jim Hever who holds a … All of those types were miserable bast*rds that hated their own life and took their frustration out on everyone else each day. Granting of leases and renewals and sales and acquisitions have dropped off in commercial real estate for obvious reasons. Conduct, risk and governance support more than you on to the team spent! And six support staff redundant following review, Performance exceeds expectations for first half of year! The seats i wanted, why did i leave to do a very little amount admin! Month secondment in 2011 to a significantly senior lawyer about this loser just people... Firms most list, and will also attend any training session the holds. Feels like lately, the Legal profession is becoming a short-term career for law Graduates “ good 40 so! 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