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Ince & Co 
International House 1 St Katherine's Way London E1W 1AY
Lex 100 winner
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The trainee verdict

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The lowdown (in their own words...)


Why did you choose this firm over any others? 'International, London-based, focus on contract and tort law'; 'I enjoyed my vac scheme and the people were friendly'; 'top marks in shipping and insurance!'; 'I wanted to do litigation and Ince seemed to have a different ethos to the average City firm'; 'allows trainees to get fully involved in cases'

How does your training compare with peers' at other firms? 'I'm swamped with work and responsibility - my peers in corporate/property seats are going home at 5pm'; 'less dull, more freedom, more variety'; 'more responsibility - this is particularly true on small disputes'; 'less client contact but a greater range of work'; 'the majority of work is contentious'

Best thing about the firm? 'The collegiate atmosphere - inclusive in its general approach'; 'partners are generally very approachable, one is given much responsibility and treated as an equal'; 'the (non-departmental) training structure - it's great being able to act on such a wide range of cases from beginning to end and work for a variety of partners and assistants' 

Worst thing about the firm? 'Working for any fee-earner in the firm sometimes means it's difficult to manage the workload'; 'no vending machine for mid-afternoon cravings!';'the fact that we don't have specific seats can make it tricky sometimes for people to find work'; 'lack of a proper canteen'

Best moment? 'Finishing a trial and winning part of it - oh and the lovely meal that we had to celebrate!'; 'attending the enforcement of a writ of execution'; 'being a key intermediary and draftsperson for an important and complex reinsurance exercise'; 'responsibility for producing, maintaining, and updating hearing bundles and then getting to see them used in court'

Worst moment? 'Working all night to meet deadlines'; 'stress of effectively running a case and dealing with the client whilst both the partner and associate on the case were away'; 'trial bundles - good experience and necessary part of the job but can be a nightmare!'; 'any moment involving pagination'; 'cancelling social engagements to do a disclosure exercise'



The Lex 100 verdict

The firm

Ince & Co leads the shipping market and has seen an increase in shipbuilding and piracy-related instructions. Of the firm's core business areas, shipping, aviation and insurance remain the best known, while the 'absolutely first-class' commodities practice focuses on the oil and gas sector but also handles coal, bio-fuels and sugar. The firm has eight international offices across Europe, the Middle East and Asia.


The star performers

Top-ranking departments according to The Legal 500*Arbitration; Commodities; Professional negligence;Aviation; Insurance and reinsurance litigation; Rail;Commercial litigation; M&A: smaller deals up to £50m; Shipping.

The deals

Advised the lead arrangers of a $600m syndicated loan facility to finance the construction of two LNG vessels; advised Gearbulk regarding buyers' rights on termination of a shipbuilding contract; represented Allianz Life in multi-party proceedings; successfully represented the underwriters in litigation arising from the transportation of items to/from a Fabergé exhibition.

The clients

Axa Global Risks; Commerzbank AG; Elf; Emirates Airline Group; Etihad Airways; Gunvor International; Itochu; Midland Metals; Steamship Mutual; Volvo Car UK Ltd.

The money

(from Legal Business magazine)

Turnover in 2008: £64.3m (+15% from 2007) Profits per equity partner: £311,000 (+13%)


The Lex 100 verdict

A Lex 100 Winner for its vac scheme (joint top spot with a perfect ten), trainees get an accurate picture of life here early on ('I knew that I'd be given responsibility'), and learn to appreciate 'the straightforward nature of the firm'. Ince & Co offers a pretty unique training experience through its combination of a non-departmental training structure, coupled with a 'strong shipping focus', its reputation as a 'leader in insurance and reinsurance' and global presence. To get the most from your training, an interest in the firm's core areas is key, as is a hankering for plenty of heavyweight litigation. You'll also need maturity and confidence to deal with the case-based approach to training. Upsides include plenty of variety ('great being able to act on such a wide range of cases from beginning to end and work for different partners'), continuity ('taking cases with you when you move seats') and responsibility ('treated like an adult - as long as your work is done well, you're left to be independent'). The downside can be pressure ('stress of effectively running a case and dealing with the client') and learning to juggle your workload ('fee-earners don't always know how much you have on already when they give you more work!'). That said there are many comments about the collegiate, friendly atmosphere, plus helpful colleagues if you feel out of your depth. As with any litigation-heavy practice you can expect to get intimate with bundles ('necessary part of the job but can be a nightmare!'), but can also look forward to 'finishing a trial - and the lovely meal that we had to celebrate!' Finally, if you want to avoid the lulls currently experienced by some other City firms, Ince sounds a safe bet - 'being at a firm where the majority of work is contentious, we currently have more to do than some trainees at firms which concentrate more on transactional work'. If you're hungry for responsibility but can cope with some hunger pangs ('no vending machine for mid-afternoon cravings!'), Ince can offer you a challenging two years.

A day in the life of.....

A day in the life of.....

Ruth Monahan first-year trainee, Ince & Co
University: University College Dublin

Degree and class: Law with European Studies, 2(1)

8.45am: I arrive at my desk and check my calendar to see what needs to be done. First up is amending a letter I drafted to clients requesting further disclosure of documents to prepare for an arbitration. The case involves a fire on board a vessel off the coast of Egypt. I arrange a quick meeting with one of Ince's in-house mariners to clarify the specific vessel documents we are looking for. Ince has a team of master mariners who are able to give guidance on specific shipping matters, very useful for trainees who have no background in shipping law (like myself!). I finalise the letter and send it out.9.30am: One of the partners asks me whether I can assist on a case which he has just been instructed on. I am asked to do some initial research on competition law in relation to cross-channel ferry services. I need to look at the market in this area and the EU's attitude to its development over the last few years in order to advise a French client.1.00pm: I attend a lunchtime workshop on post-incident documentation. There are lunchtime lectures run for trainees and solicitors, mainly in the areas of work that Ince specialises in.

In the lecture today we are divided into groups and given a scenario (taken from real life) involving the grounding of a vessel and the steps that solicitors should take in the crucial hours that follow the incident.2.30pm: After lunch and a quick coffee with some of the other trainees I get a call from a partner on one of my cases and, on his instructions, begin to draft a claim form and particulars of claim. One of the advantages of Ince is that trainees are expected to have a lot of responsibility in the day-to-day drafting and dealings with clients. This case is also interesting as it differs from the practicalities of some of my other shipping cases. It involves futures contracts, which are far less tangible than vessel collisions but no less interesting once you get to grips with them (essentially parties betting what the freight market will do in the future).4.00pm: I attend a meeting with clients, counsel and experts on a large case I am assisting with that is due to go to trial in two months. It is an international trade case involving a joint venture agreement importing and exporting fuel from Iraq. One of the benefits of being an Ince trainee is being involved on long-term cases that allow you to experience every aspect of the running of a case. A large part of my job on this case is helping to prepare trial bundles for the court case. This involves liaising with counsel and the other side as to how we will collate the files. So far, I have been working on shipping and international trade matters. However, trainees at Ince & Co are expected to take a pro-active approach to their cases and seek out the work they want experience in. I am due to move offices in a couple of weeks to sit with an insurance partner, so I hope to get involved with some insurance cases once I move. However, I do not give up the cases I am currently involved with - the variety of work here means my day is never dull!6.45pm: I head off with some of the others to play netball. We are entering two teams in the 'Corporate Olympics' and have been training every week for a month to see who suits which position (and to teach the boys how to play!). Ince have also entered myself and a number of others in a triathlon in a couple of months time, which should be interesting!



About the firm

About the firm

Address: International House 1 St Katharine's Way, London E1W 1AY
Telephone: 020 7481 0010 Fax: 020 7481 4968
Website: www.incelaw.com
Email: This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Senior partner: James Wilson
Total partners: 86
Other fee-earners: 153
Total trainees :27
Other offices: Dubai, Hamburg, Hong Kong, Le Havre, Paris, Piraeus, Shanghai, Singapore.

Who we are: From its origins in maritime law, the firm's practice today encompasses all aspects of the work listed below. We are frequently at the forefront of developments in contract and tort law.

What we do: Aviation, business and finance, commercial disputes, energy and offshore, insurance and reinsurance, international trade and commodities and shipping.

What we are looking for: Hard-working, competitive individuals with initiative who relish challenges and responsibility. Academic achievements, positions of responsibility, sport and travel are all taken into account.

What you will do: Trainees sit with four different partners for six months. Under close supervision, they are encouraged throughout to meet clients, interview witnesses, liaise with counsel, deal with technical experts and handle opposing lawyers. They will also attend in-house and external lectures, conferences and seminars on practical and legal topics.

Perks: Health insurance, PHI, season ticket loan, pension, well person checks and subsidised gym membership.

Sponsorship: We pay full course fees for the LPC and GDL. We also provide maintenance grants of £6,000 for study in London and Guildford, and £5,500 for study elsewhere.

Application process

Apply to: Helen Salisbury, Solicitor and Graduate Recruitment Manager.

How to apply: Online via our website: www.incelaw.com.

When to Apply: By 31 January 2010 for 2010 trainee recruitment placement scheme, 31 July 2010 for 2012 training contracts.

What is involved: Interview with HR professional and interview with two partners from the recruitment committee, together with written tests.

Facts and figures

Trainee places available for 2012 15

Applications received pa 800

Percentage interviewed 10%

Salary

First year £36,000

Second year £39,000

Newly qualified £58,000

Placement schemes

Spring: TBC (apply by 31 January 2010).

Summer: TBC (apply by 31 January 2010).