|
265 Strand London WC2R 1BH
Favoured by 5 users
(Register to add this entry to your favourites)
The lowdown (in their own words...)Why did you choose this firm over any others? 'Its big-name clients, particularly in the life science and regulatory fields, and the high quality of training, allowing you to work at a level in between associate and trainee'; 'small London office, but with the international presence to attract interesting, high-end work'; 'prestigious clients and supportive learning environment' How does your training compare with peers' at other firms? 'There's no mollycoddling, you're thrown straight in to sink or swim. Friends elsewhere seem to have a gentler introduction'; 'the quality of training and the time that senior lawyers spend on training and mentoring is excellent'; 'far more responsibility - trainees do associate work from day one' Best thing about the firm? 'The loyalty that the firm shows to its lawyers and staff, and the friendly atmosphere created in a small, relatively young and dynamic office'; 'genuine collegiate atmosphere'; 'you feel part of the firm, and part of the firm's future'; 'the people, the work, the clients and the Krispy Cremes!'; 'the interesting work' Worst thing about the firm? 'The size of the London office means the number of departments you can actually qualify into is limited'; 'lack of support staff'; 'outside the US, very few people have heard of us!'; 'size in London dictates that the administration and training systems are not as well developed as larger firms'; 'lots of responsibility can be daunting' Best moment? 'Welcome event for new joiners to the firm hosted by the Washington DC office. It was just as the presidential election results were being announced and the whole city was buzzing'; 'closing a cross-border financing on my own'; 'being involved in a discrimination employment tribunal claim'; 'large amount of client contact' Worst moment? 'A less than pleasant lawyer on the other side and having to be very careful in my responses and conversations with him as a result'; 'sharing an office with another trainee when the summer students were in the office'; 'the (very) rare weekends that I've spent in the office'; 'getting stuck in the back staircase without an entry card!' The firmUS firm Covington & Burling is active in private equity and investment trusts, for both funds and investors. Mike Kingston's arrival from Herbert Smith seriously bolstered the five-partner UK M&A team which acted on four deals in 2008 valued between $700m and $2bn. The firm is well known for expertise in the life sciences, pharmaceuticals ('in the pharma/biotech arena I wouldn't use anyone else' says one client) and insurance sectors. The star performersArbitration; Commercial litigation; Financial services; Insurance and reinsurance litigation for policy holders; Investment funds; Media and entertainment; M&A (smaller deals/US law); Pharmaceuticals and biotechnology; Product liability (defendant); Venture capital. The dealsActed for Piper Jaffray in a £24m fundraising by Vernalis; represented Encysive Pharmaceuticals in its sale to Pfizer; handles international work for the National Hockey League and the World Sports Group; advised Qualcomm UK Spectrum Ltd on its successful bid for the L-band spectrum; currently handling litigation at the ECJ on behalf of Johnson & Johnson and Shire Pharmaceuticals. The clientsCoty Inc; GlaxoSmithKline; ImClone; Indian Energy; Merck; Pantheon Ventures; Procter & Gamble; Schering-Plough. The money(from Legal Business magazine) Turnover in 2008: $467m (+14% from 2007) Profits per equity partner: $1,174,000 (+8%) The Lex 100 verdictIf you like the idea of working for a large firm but within a smaller office environment, US practices are strong contenders and Covington & Burling is one of the top choices. A Lex 100 Winner in an impressive four categories (living up to expectations, overall quality of work, friendliness of the firm and confidence of being kept on), the firm gets a clear thumbs-up. The new associates' seminar is a great way for London trainees to meet their colleagues from Washington, New York, San Francisco, San Diego, Silicon Valley, Brussels and Beijing. The fact that this took place in Washington and coincided with Barack Obama winning the presidential race made it an unforgettable experience for current trainees. Once you start, expect a thorough grounding: 'English and US law training covers all areas in which the firm has a practice. In addition, Covington training aims to develop legal writing, work planning, client care, marketing and networking skills'. The training programme is also quite flexible to suit individual interests and several trainees commented on supportive senior lawyers 'willing to put time into training and mentoring you'. A good choice for those who aren't afraid of responsibility - 'you're thrown straight in to sink or swim' with 'no mollycoddling'. Training is certainly 'hands on' - responsibility from day one and working for the firm's 'big-name clients, particularly in the life sciences and regulatory fields,' so an interest in these areas is key. Inevitably 'it can be daunting when you're given a lot of responsibility' and trainees experience 'occasional long hours' , but also say 'working hours and stress levels are less than peers who are training at other US and City firms'. A collegiate atmosphere and challenging work with heaps of responsibility are on offer in this 'young and dynamic office'. A day in the life of..... Ian Redfearn trainee, Covington & Burling LLP University: Cambridge University Departments to date: Dispute resolution; life sciences Degree and class: Law, 2(1) 8.30am: I arrive at the office early, as I am involved in an arbitration hearing this week, and our lead counsel has requested that we make some last-minute additions to the bundles. Although my next seat was due to begin last week, I was allowed to remain in the dispute resolution group for a few more days, which means that I have been able to observe the entire hearing from start to finish.The dispute concerns a distribution agreement for pharmaceutical products in Asia, and I have been involved in preparations for the arbitration for the past three months. This case really illustrates how international the firm's workload is. It involves one Asian company, two European companies, English law, and participants from as far away as China, Switzerland and the United States. In fact, since I joined Covington, most of the matters that I have been involved with have had some kind of international element.9.30am: The Covington team, which also includes a partner and an associate, meets with lead counsel and the client for a discussion of what the day ahead entails. Because the office is relatively small, it is not very heirarchical and, for the most part, trainees work directly with partners and senior associates.10.30am: The hearing starts slightly later than usual, as we are nearing the end of the arbitration. We finished examining witnesses yesterday afternoon, so today we are moving on to our opponent's closing submissions. This is another great chance to see advocacy in action. A couple of weeks ago, I attended a High Court hearing, in which we had instructed Jonathan Sumption QC. It is pretty exciting to hear a case that you have worked on being presented to a packed courtroom by one of the country's leading barristers. 12.30pm: During the lunch break, we each offer our views as to how the hearing is progressing. Everyone around the table, myself included, weighs in with comments about how receptive the arbitrator appears to be towards particular arguments. We also start to discuss how our own closing submissions ought to be presented. Since I have been working on the case, I have attended interviews with potential witnesses, drafted witness statements, and prepared correspondence to the arbitrator and opposing counsel. Covington encourages its trainees to develop at their own pace. That does not mean that we are left to our own devices, but we do seem to be entrusted with more responsibility, at an earlier stage, than friends at other firms.4.00pm: With our opponent's submissions completed, an associate and I sit down with our leading counsel to help him prepare for the final day. We spend a couple of hours trawling through the previous days' transcripts, highlighting points that may help us to rebut the arguments made this afternoon.6.00pm: Our witnesses will be heading home tomorrow morning, so we go out for a team dinner at a local restaurant, to thank them for their help in preparing for the arbitration. After a hectic week --which is not yet over -- it is a nice opportunity to relax for a few hours. It is also a good chance to get to know the client in a slightly less formal setting. Since I started in September, I have attended a number of similar meetings and dinners with senior in-house lawyers. About the firm Address: 265 Strand London WC2R 1BH Telephone: 020 7067 2000 Fax: 020 7067 2222 Email:
This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Managing partner: Roger Enock (London office)
Total partners: 213 Other fee-earners: 566 Total trainees :11 (London office)
Other offices: Beijing, Brussels, New York, San Diego, San Fransisco, Silicon Valley and Washington. Who we are: Covington & Burling LLP is a leading international law firm founded in Washington DC that has over 700 lawyers. What we do: We represent some of the world's most sophisticated clients in a diverse range of fields. Apart from our work in the corporate and commercial, dispute resolution, and regulatory areas, we are known for our expertise in cutting-edge fields, including life sciences, internet and IT, software and communications. What we are looking for: We are looking for outstanding students who are committed to providing quality legal advice in an imaginative way, so that we can maintain our ability to respond to the evolving needs and expectations of our clients. We look for team players, but above all else, we look for intellectual distinction, imagination and integrity. We are looking for consistently high academic performers that have or expect to achieve a minimum of 2(1) degree in any discipline. What you will do: We split the two-year period into four six-month seats rotating between practice areas. All trainees will spend six months in the corporate and dispute resolution practice areas. Currently, the other seats are in the life sciences, employment, tax and IT/IP practice areas. A secondment to the in-house legal department of a client may also be possible. Perks: Trainees will be eligible to join our group personal pension scheme; private medical insurance scheme; group income protection scheme; life assurance scheme and will receive 25 days' holiday per annum. They will also be offered an interest-free season ticket loan and have access to our employee assistance programme. Sponsorship: We will pay tuition and examination fees for the GDL and the LPC. Maintenance will be paid at the current rate of £8,000 per annum. Application processApply to: Emma Richardson, Graduate Recruitment. How to apply: Online. When to Apply: 31 July 2010. What is involved: One interview for a summer placement and two interviews for a training contract position. Facts and figuresTrainee places available for 2012 6 Applications received pa over 700 Percentage interviewed 10% SalaryFirst year £40,000 Second year £44,000 Newly qualified £80,000 Placement schemesSummer: 3 x one-week schemes in June and July (apply by 28 February 2010). |