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LG 
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? 'Appeared to be a firm that works hard but also realises that you can, and should, have a life outside the office'; 'large and reputable private client department'; 'enjoyable assessment day'; 'top-end corporate clients with a private client practice'; 'seemed to be expanding with good goals'

How does your training compare with peers' at other firms? 'Trainees more integrated'; 'responsibility levels are very good, giving a much better training, but without the long hours'; 'frequent opportunities to take on matters'; 'far more relaxed hours, better client contact, higher quality of work and more responsibility - but less money!'

Best thing about the firm? 'LG can boast a range of high-profile clients and one of the best private client teams in the City'; 'a firm with a clear strategy and definitely on the up'; 'sure but steady progress through rough waters, extremely helpful and patient superiors, and excellent levels of client contact and responsibility' 

Worst thing about the firm? 'Lack of transparency with trainee seat choice'; 'our reputation as a mid-market player does not do justice to the quality of work that we get'; 'lack of communication about opportunities on qualification'; 'in some departments there's not a lot of work for the fee earners to do'; 'being confused with the technology company LG!'

Best moment? 'Stuck in office until midnight preparing case bundles - good team morale and pizza!'; 'attending the Court of Appeal on a potentially law-changing case'; 'obtaining a court order, which I managed from start to finish'; 'negotiated and drafted a lease with very little supervision'

Worst moment? 'Being shouted at by a partner at 1am for making some tiny mistake, having been in 'til after midnight three days in a row - he apologised later though'; 'receiving a call from a rude and aggressive third party who asked if I was 'just the trainee''; 'post-Christmas lull in work'; 'working for months on a corporate deal that got dropped at the last minute'



The Lex 100 verdict

The firm

LG is well-known for corporate and commercial property, standing out for the international complexion of much of its work. It has a flourishing practice in small and mid-cap flotations (where Indian companies are a particular focus) and also shows well in M&A. LG's real estate team benefits from a weighty client list and there's also outstanding strength in private client. International reach was boosted by the opening of an office in Moscow in March 2009.


The star performers

Charities and not-for-profit; Commercial property; Construction; Contentious trusts and probate; Flotations: small and mid-cap; Investment funds; Local government; M&A: Lower mid-market, £50m-£250m; Personal tax, trusts and probate; Planning; Property finance; Property litigation; Social housing.

The deals

Advised Terra Catalyst Fund on £116m fundraising; advised Arden Partners on Indus Gas' admission to AIM; advised the Universities Superannuation Scheme in purchasing a 50% share in an investment portfolio joint venture with Tesco; assisted the Government of Brazil in relation to the alleged corruption of Paulo Maluf, former mayor of Sao Paulo; acted for BP in damages claims arising from the Buncefield explosion.

The clients

Allianz Insurance; Bank of Ireland; Canada Life; Capmark; Generali; Harel; Helical Bar; LaSalle; Legal & General; Lukoil; NFU Mutual; Phoenix Life Insurance Company.

The money

(from Legal Business magazine)

Turnover in 2008: £67.5m (+2% from 2007) Profits per equity partner: £429,000 (-6%)


The Lex 100 verdict

Quietly ambitious LG is in expansion mode, opening in Dubai in 2008 and in Russia this year. Current trainees are lapping it up - 'we're a firm with a clear strategy and are definitely on the up' - and several targeted LG as it 'seemed to be expanding with good goals'. Reasons for coming here include the 'large and reputable private client department', plus its strong reputation in real estate and corporate (particularly AIM-related work). Several were won over early: 'having done four vac schemes, LG's was easily the best experience, I was given decent and interesting work, and the place was full of friendly faces'. The firm has certainly earned a reputation as a friendly place to work with a good work/life balance; 'I seem to work shorter hours and have more fun than most other people I know'. LG delivers better working hours than big City firms, but the trade off is 'fewer high-powered deals'. A good choice for those keen to run their own files, the responsibility levels are considerable with 'frequent opportunities to take on matters, with a good level of guidance, so you feel a sense of pride in the work'. You're not thrown in at the deep end, instead offered 'closer supervision but not in such a way as to compromise your independence'. Work experiences range from 'having to negotiate and draft a lease with little supervision' to 'obtaining a court order, which I managed from start to finish', with one trainee enjoying 'being instrumental in the successful completion of a transaction within my first month'. As last year, trainees feel pay is lagging behind a bit, and there are continued requests for more transparency around seat changes and qualification. One trainee may feel frustrated that 'our reputation as a mid-market player does not do justice to the quality of work that we get', but a training contract here will deliver 'top-end corporate clients' plus excellent private client experience.

A day in the life of.....

A day in the life of.....

Sinan Alnajjar trainee solicitor, LG
University: Queen Mary University of London
Departments to date: Real estate and corporate recovery


9.00am: I arrive in the office after a five-mile walk. I've been doing this for two months now in some vague attempt to stay fit but it's a nice walk through Islington, over the Millennium Bridge and along the Thames to the new office. I immediately check my emails to see what kind of day is ahead. My current seat is in the corporate recovery department, sharing an office with partner Nick Pike.9.30am: One of the main things I am working on is a dispute between our client and his trustee in bankruptcy. I ring the client to tell them that today is the last day the trustee has to respond to our letter threatening proceedings. The client is unhappy and asks for some time to think. I ring counsel and he talks me through some of our options. A handy tip in this seat is to build good relationships with the regular barristers - which is handy when you get stuck on tough legal points!10.00am: I get some research to do. The department is close-knit so I work for everyone when I'm needed. Our court clerk sends round an email saying that she can't do the court run today. I volunteer as I have a hearing at 3.00pm to attend and I can file the documents beforehand.10.30am: Nick and I attend a meeting with a new client against whom HMRC have started director's disqualification proceedings. My role is to take a detailed note and to clarify anything I don't understand with the client. It's a complex case and we spend some time discussing options with the client.11.30am: Write up the meeting notes and assist with an ongoing disclosure exercise (fancy term for scheduling documents!).

I draft an engagement letter on a debt recovery matter and do a bit of jurisdiction research as the debtor company is in Spain. The letter goes into Nick's in-tray for approval.12.30pm: Go down to café for a quick lunch and catch up with some other trainees before getting ready to go to court. A client needs to swear a notice of appointment of administrator so I am asked to take him next door to Norton Rose to swear it. This is quickly done and I send him on his way and set off for court.2.30pm: Arrive at the Royal Courts of Justice and immediately get lost trying to find various tiny rooms (all with huge queues) to file my documents. Eventually I file them and nervously take a seat in a waiting room of the Thomas More Building. I am here to attend a hearing to make an interim charging order on a property final. I read the file for the hundredth time to ensure I can recall the facts for the registrar and silently hope that no-one from the other side attends to defend the application.3.00pm: I get called in and the registrar asks me a few questions about the application, tells me that everything is in place and grants the order. I pretend to be nonchalant about this, politely thank him and leave.4.00pm: Arrive back at office and deal with emails. I have a large billing task to wade through and need to write a lengthy letter to the official receiver detailing our costs on a matter. I need to decide which corporate seat I am going to ask for next and make a mental note to bring this up with the current corporate trainees.6.00pm: I draft some instructions to counsel. We need winding up proceedings against our client to be halted whilst they reorganise their company so the hearing needs to be adjourned.6.45pm: Home time. The hours in this seat have generally been good. There's an outdoor cinema in the scoop next door to the office where I'm meeting some friends to watch a Buster Keaton film for free.



About the firm

About the firm

Address: 4 More London Riverside London SE1 2AU
Telephone: 020 7759 6694 Fax: 020 7173 8694
Email: This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Senior partner: Penny FrancisManaging partner: Hugh Maule
Total partners: 79
Other fee-earners:165
Total trainees :45

Who we are: Lawrence Graham LLP is a London-based business law firm with a particular focus on servicing the following industry sectors: financial services, real estate, banking, insurance and reinsurance, hospitality and leisure.

What we do: The firm's advisory services are grouped into three core areas: capital raising (including private capital), real estate and risk regulation. A significant proportion of the firm's work is international in its scope; clients include substantial US and multinational corporations, banks and other financial institutions, offshore trusts, small business ventures and wealthy individuals.

What we are looking for: A strong academic background is important, but we also look beyond this, seeking enthusiastic team players who can demonstrate commercial awareness, initiative and excellent organisational skills.

What you will do: You will begin with a comprehensive induction programme, followed by on-the-job training in four six-month seats.

Perks: Life assurance and season ticket loan.

Sponsorship: LG sponsors graduates for both the GDL and LPC, fees and grants are paid. Grants for 2008 were £6,500 inside London and £6,000 outside London.

Application process

Apply to: Victoria Baldwin.

How to apply: Online applications only..

When to Apply: 31 July for training contracts.

What is involved: Individual interview for vacation schemes, panel interview for training contracts.

Facts and figures

Trainee places available for 2012 approx 20

Applications received pa 800

Percentage interviewed 10-15%

Salary

First year £32,000

Second year £36,000

Newly qualified £55,000

Placement schemes

Spring: Exact dates not yet announced (apply by 31 January).

Summer: Exact dates not yet announced (apply by 31 January).