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21 Tudor Street London EC4Y 0DJ 
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The lowdown (in their own words...)Why did you choose this firm over any others? 'The flexibility afforded by the non-rotational training system'; 'early responsibility'; 'quality of work'; 'loved the vacation scheme'; 'mid-sized in London '; 'good salary'; 'own office'; 'least pretentious presentation on the milk round'; 'very informal atmosphere with flat hierarchy' How does your training compare with peers' at other firms? 'Considerably more responsibility'; 'more client contact'; 'more responsibility'; 'slightly longer hours'; 'I am more in control of the work I do'; 'less structured'; 'encouraged to think for yourself'; 'more partner contact'; 'friendlier colleagues' Best thing about the firm? 'Amazing training'; 'the trip to Washington in the first year of your training contract to the New Lawyers Group Academy'; 'flexibility'; 'opportunity to stretch yourself'; 'lack of hierarchy'; 'support network'; 'being able to focus on areas of work that interest you' Worst thing about the firm? 'The hours'; 'lack of supervision/support structure at times'; 'can be a bit daunting sitting in your own office and being responsible for finding all your own work - a bit sink or swim'; 'more social events could be organised'; 'trainees could be told more about what is going on behind the scenes'; 'frustrating lack of transparency and communication from senior management' Best moment? 'Completing my first big property deal'; 'assuming a lot of responsibility in a complex transaction which is valued by superiors and client'; 'completion dinners'; 'working in the real estate department'; 'meeting clients face to face and building up a relationship with them'; 'deal completion followed by amazing dinner and night out' Worst moment? 'The feeling when you make a mistake'; 'a few late nights'; 'feeling of lack of support'; 'all-nighters doing verification notes' The firmA strong global player, with 35 offices internationally, Jones Day is particularly strong in corporate, M&A and venture capital. Its practice in London maintains a healthy transactional flow and is regularly bolstered with strategic lateral hires. Commercial litigation is another strength. Clients say the firm is 'unquestionably excellent'. The star performersBank lending; Banking litigation; Commercial litigation; Commercial property; Corporate restructuring and insolvency; Corporate tax; Debt capital markets; EU and competition; Employment; Flotations: small and mid-cap; IT and telecoms; Investment funds; M&A: upper mid-market and premium deals, £250m+; Property litigation; Venture capital. The dealsAdvising ETS Europe on international representation agreements for the delivery of its TOEFL test; advising Goodrich Corporation in connection with its joint venture with Rolls-Royce; advising AstraZeneca plc in its appeal before the ECJ regarding fines imposed by the Commission for abuse of a dominant position; secured a further recovery for Langbar and its 2,000-plus shareholders. The clientsBank of America; ENRC; Jefferies & Co; JP Morgan Cazenove; London & Stamford Investments; Merlin Ventures; NBGI Ventures; Nectar Capital; Net Partners; Procter & Gamble; RBS; Riverside; Standard Chartered Bank plc. The winnersLegal Business Awards 2011 Highly commended Dispute Resolution team of the year. The VerdictDespite the fact that it initially sounds rather terrifying, go-getting candidates are attracted to the non-rotational training system at Jones Day accepting that it is their responsibility to source work from within the firm. Seen as an opportunity by many to gain 'early responsibility' and to 'try out different areas' the idea of being 'thrown in at the deep end' is relished by trainees here. The US firm makes a good impression from day one with its Lex 100 winning vacation scheme ('I loved the vacation scheme - it gives an honest introduction to what it is like to be a trainee') and after joining the training is described as 'amazing'. This 'friendly and unpretentious' firm entrusts trainees straight away with plenty of responsibility and seeing deals through from the beginning to the end helps to 'build relationships which is more difficult to achieve in a seat system'. The trip to Washington in the first year of training to the New Lawyers Group Academy, allowing you to meet colleagues from other offices, is a perk. And client entertaining and completion dinners are plentiful. Sitting in your own office and trying to find work can be 'a bit sink or swim' and there may be some very long hours. The perceived lack of transparency at the firm is also a bit of a complaint as well as the lack of canteen. However, for those who are hungry for responsibility and are not afraid of a challenge, Jones Day could be the perfect fit. A day in the life of.....Adam Callaghan , trainee, Jones Day
Departments to date: Non-rotational training system, no allocated seats.
University: London School of Economics
Degree: Government, 2(1) 8.00am: It's a miracle! Mind has won over matter and I jog into work alongside the river - the perfect way to start the day. 8.45am: After a quick shower I head up to my office. Any pretension towards virtue soon disappears when I arrive to find a danish pastry on my desk. It is a thank you from an associate I worked late for last night and I go to thank the guilty party. 9.10am: I check my voicemail and emails. I am working on a banking transaction with our New York office, so quite a few emails have come in over night. It is a really good project as I have been able to help co-ordinate the deal not only between the different parties but also across the different jurisdictions. It has provided a great opportunity to make some contacts in the New York office ahead of the trainee conference in Washington in November. The conference is the highlight of the training contract calendar and is a chance for trainees to meet lawyers from other Jones Day offices. I am excited already! 10.00am: I attend a meeting to receive instructions on a new corporate deal that will be starting next week. Being a trainee at Jones Day is unique, primarily because of our non-rotational training system. You manage your own development and choose the departments you work for, as long as your supervisor agrees that you are gaining the necessary experience in the areas required by the solicitors' regulatory body. You can qualify into an area with more experience than would have been possible under a seat system. On a day-to-day basis, I often work for several departments. Such independence does bring with it a lot of responsibility, but there is always supervision, and plenty of guidance and support at hand. Working across a variety of practice areas ensures a broader understanding of the law, which clients value. 11.15am: After some biscuits in the corporate meeting, my well-intentioned morning run is in tatters! I return to my office and turn my attention to a real estate matter I have been working on. At Jones Day, trainees are encouraged to liaise with clients and take responsibility for smaller transactions from day one. It is only four months into my training contract and I am already managing this particular portfolio. I ring the client to update him on my progress. He is excited as it looks like we will be completing on a sale today. 12.15pm: I go to the fifth floor for a training seminar. One of the main reasons I joined Jones Day was because of its excellent reputation for training. There are talks and seminars throughout our training contracts. Today it is a competition law seminar, which I have been looking forward to as it was an area I really enjoyed at law school. The lunch provided afterwards is the icing on the cake, and I catch up with other trainees and lawyers from the competition department. 2.00pm: Back in the office, I receive an email allowing me to complete on the real estate sale. It is my fourth completion but as I get the documents ready I am not sure I will ever be able to shift the nervous excitement that a completion brings with it. I call the client to let him know: it was just the news he wanted before the weekend. 3.30pm: I work on a due diligence report that I have been preparing for a corporate deal. The client is acquiring a business that is spread across the globe and, while the deal is being run out of our Cleveland office, I have been asked to help co-ordinate the report in relation to the business that is located in the UK. One potential problem that has come to light in my review relates to the environmental liability that our client may inherit. I go to see the firm's environmental partner and we discuss the mechanisms that can be put in place to protect our client's position. 6.45pm: It is the last Friday of the month, which is the perfect excuse for all the trainees to get together for our informal, traditional end-of-month dinner. About the firmAddress: 21 Tudor Street, London EC4Y 0DJ Telephone: 020 7039 5959 Fax: 020 7039 5999 Website: www.jonesdaylondon.com/recruit Email:
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Other offices: Atlanta, Beijing, Boston, Brussels, Chicago, Cleveland, Columbus, Dallas, Dubai, Frankfurt, Hong Kong, Houston, Irvine, Los Angeles, Madrid, Mexico City, Milan, Moscow, Munich, New Delhi, New York, Paris, Pittsburgh, San Diego, San Francisco, Sao Paulo, Saudi Arabia, Shanghai, Silicon Valley, Singapore, Sydney, Taipei, Tokyo, Washington. Who we are: Jones Day is a global law firm with around 2,500 lawyers in 34 offices around the world. What we do: The principal areas of practice at Jones Day include corporate finance and M&A transactions, investment funds, private equity and corporate tax planning, banking, capital markets and structured finance, business restructuring, litigation, intellectual property, tax and real estate. The London office also has teams of lawyers who are experienced in such areas as competition, environmental, employment and pensions law. What we are looking for: Candidates with a law or non-law degree, who have strong intellectual and analytical ability, and good communication skills. What you'll do: The firm operates a unique, non-rotational system of training and trainees can work across different practice areas simultaneously. Perks: Private healthcare, season ticket loan, subsidised gym membership, group life cover, access to stakeholder pension. Sponsorship: GDL and LPC fees paid, plus £8,000 maintenance grant per year of study. Fast-track LPC for sponsored students from August 2011. Application processApply to: Diana Spoudeas, graduate recruitment and trainee development manager. How: Online at www.jonesdaylondon.com/recruit When to Apply: By 31 July 2012 for 2014 training contract, unless places fill earlier. What is involved: Two interviews for a training contract placement. One interview for a placement scheme. Facts and figures Trainee places available for 2014: 15 Applications received pa: 2,000 Percentage interviewed: 20% SalaryFirst year: £39,000, rising to £41,000 after six months Second year: £45,000, rising to £50,000 after 18 months Newly qualified: £70,000 Vacation schemesSpring: 2 weeks March - April 2012 (final year non-law students and graduates, postgraduates apply by 31 December 2011). Summer: 2x2 weeks June - August 2012 (penultimate year law students and graduates, postgraduates apply by 31 January 2012). Winter: 2 weeks December 2011 (final year non-law students and graduates, postgraduates apply by 31 October 2011).
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