O’Melveny

O’Melveny

Address: Warwick Court, 5 Paternoster Square, London, EC4M 7DX

Web: www.omm.com

Email: graduate-recruitment@omm.com


 


Survey results

 

The lowdown (in their own words...)

Why did you choose this firm over any others? 
 ''Small office provides the opportunity to get really involved with transactions' 'the expertise in investment funds' 'inclusive culture' 'bespoke training contract' 'small intake so focused training' 'quality work' 'interesting clients and matters' 'collegiate'
Best thing about the firm? 
 ''Small and friendly' 'everyone is very friendly and supportive' 'quality of work' 'great social events' 'client contact' 'the team spirit of the office' 'the friendly, helpful atmosphere'
Worst thing about the firm? 
 ''The workload can be unpredictable at times' 'quiet periods' 'too much cake' 'the smaller size means occasional late nights alone in the office' 'varied workload'
Best moment? 
 ''Coordinating a signing and closing of a facility in my second week' 'the international secondment to Hong Kong was an incredible experience' 'assisting in the drafting of a shareholders' agreement' 'attending hearings in the Rolls Building' 'seeing your own document or part of your own document being sent to client'
Worst moment?
 ''Having very little to do between deals' 'when you are given a task that you don't understand' 'late-night bundling' 'missing out on two ski trips' 'too many things to do in a short space of time''

If the firm were a fictional character it would be...

Lisa Simpson - small in size but intelligent and focused on its future success

The Verdict

The firm

US firm O'Melveny specialises in media, entertainment, investment funds, international arbitration and mid-market M&A deals. The firm's small London office is part of an international footprint of 15 offices in the US, Europe and Asia. O'Melveny boasts one of the largest Chinese practices of any US-headquartered firm. 

The star performers

Debt capital markets; International arbitration; Investment fund formation and management: private funds.

The deals

Advised Livingbridge on a £660m fund targeting British businesses; handles a range of investor-side work for GIC Special Investments; acts as counsel and arbitrator in high-value commercial arbitrations, and has experience representing sovereign states in both commercial and investment treaty disputes.

The clients

Apollo Management; Canada Pension Plan; CDC Group; Deutsche Bank AG; Livingbridge; Norsk Hydro ASA; Quinbrook Infrastructure partners; UBS.

The Verdict

'The small size of the firm was appealing' to the trainees at O'Melveny, as it 'provides the opportunity to get really involved with transactions'. This ensures 'high levels of responsibility at an early stage'. Trainees are tasked with 'quality, high-profile' work, often centred on the firm's 'expertise in investment funds'. Stand-out moments to date include 'assisting in the drafting of a shareholders' agreement', 'attending hearings in the Rolls Building' and 'coordinating the signing and closing of a facility in my second week'. The 'workload can be unpredictable at times' as respondents complain of 'very quiet periods between deals' and having 'too many things to do in a short space of time'. The international secondments to Hong Kong and Brussels are 'a great experience for both your personal and professional development', and O'Melveny is named a Lex 100 Winner in this category, picking up further gongs for salary satisfaction and inclusivity. The 'small intake allows for a bespoke training contract', and the 'responsibility to manage certain aspects of a transaction yourself can be daunting at times but it is a great way to learn'. There is a 'team spirit in the office' as 'everyone is very friendly and supportive', and the firm puts on 'great social events'. The 'client contact opportunities' are a further plus, and 'seeing your own document being sent to a client' is a proud moment. For 'varied work' and 'interesting clients and matters' at a firm with a great international pedigree, consider applying to O'Melveny.


 A day in the life of...

Scott Wallace first-year trainee solicitor, O'Melveny 

Departments to date:  Finance, corporate/tax


University:University of Cambridge, Girton College 
Degree:Law, 1st 


8.00am:  I head into the office and check emails on my BlackBerry to see if anything urgent has come in overnight. Nothing requires immediate action, so I review my to-do list and prioritise my tasks for the day.

9.15am:  My supervisor arrives and we discuss the various tasks for the day. We have received comments from investor counsel on documents for a private debt placement we are working on. I have been given responsibility for managing the suite of ancillary documents, so I start reviewing the comments before updating the documents and sending them out to investor counsel and our client for final sign-off.

10.30am:  My current seat is a mix of corporate and tax work. This morning, we have our weekly tax team meeting, which is a good chance to catch up on the various projects that are ongoing; as the tax team is involved in many of the matters across the office, it is also an opportunity to find out what deals others are working on.

11.00am:  I've been asked to help deliver training on tax deeds to the rest of the office, so I start doing research on the topic. As it's an area I'm not very familiar with, I discuss the training with the counsel I will be presenting with to get a bit more direction on the content and structure of the presentation.

12.30pm:  I head to one of our meeting rooms for a lunchtime training session. The firm runs regular training with both internal and external trainers covering various topics. Today's training is on financial services regulation, which applies to many of our clients in the investment funds sector. I catch up with the other trainees once the session has finished before heading back to my desk.

2.00pm:  We have a call with a client this afternoon who wants to know a bit about directors' duties when a company is insolvent. In advance of this, my supervisor and I have a chat about the main points we want to cover and I do some quick research to refresh my memory of the various statutory provisions and how they might apply to the client. After the call, I write a note so we have a record in case we are asked to assist further.

4.00pm:  We have received confirmation from the client and investor counsel that they are happy with the revised documents I sent across earlier. I have volunteered to go to the client's office for signing so I compile execution copies of the documents and review the closing checklist to make sure that we have everything required and that I am familiar with who will be signing.

5.30pm:  I meet a colleague to discuss the pro bono clinic we attended last week. The clinic is a great opportunity to get experience of areas of law outside our normal practice areas, and the firm actively encourages everyone to get involved in pro bono projects. This time, we are waiting to receive some more information from the client, so I offer to follow up with the volunteer adviser at the clinic to check on progress. Our appointment also raised some more general issues, and counsel asks me to look into the law surrounding this area in case the issue arises again.

6.30pm:  I update my to-do list for tomorrow and submit my timesheets. I check my emails to make sure nothing else has come up which requires action this evening then head downstairs to Paternoster Square for a quick drink with some of the other trainees.


About the firm

Address:Warwick Court, 5 Paternoster Square, London, EC4M 7DX

Telephone: 020 7088 0000

Fax:020 7088 0001

Website:www.omm.com

Email:graduate-recruitment@omm.com

Twitter:@omelvenymyers

Managing partner : Jan Birtwell

Other offices: Beijing, Brussels, Century City, Hong Kong, Los Angeles, Newport Beach, New York, San Francisco, Seoul, Shanghai, Silicon Valley, Singapore, Tokyo, Washington DC. 

Who we are: O'Melveny is a leading international law firm with approximately 750 lawyers practising in 15 offices in the key US, Asian and European economic and political centres.

What we do: In London, we have both a transactions department - which advises on private equity, corporate finance, M&A and investment fund matters - as well as an international litigation department, with antitrust and competition services support provided through the Brussels office. London also has the key transitional support functions which are essential to a leading corporate practice, such as tax and regulatory.

What we are looking for: New recruits must have proven academic ability, sound commercial awareness, be keen team players and have the ability to carry real responsibility from the outset.

What you'll do:Trainees complete seats with partners/senior associates in each of our core practice areas. They receive regular formal and informal feedback, as well as legal and non-legal skills training. Trainees are also frequently seconded overseas to our Hong Kong, Singapore and Brussels offices.

Perks: 25 days' holiday, pension, life insurance, long-term disability insurance, private health insurance, travel insurance, interest-free season ticket loan, corporate rate gym membership.

Sponsorship:We sponsor GDL/LPC fees incurred post-recruitment and award a maintenance grant (currently £8,000 per annum).

 


Facts and figures

Training contracts available for 2020: Up to four

Applications received pa: Approximately 200 

Percentage interviewed: 5-10% 

Salary

First year: £44,000

Second year: £48,000

Newly qualified: Competitive

Total partners: 7

Other fee-earners:19

Total trainees:6



 Application process

Apply to:Natalie Beacroft.

How: Apply online via www.apply4law.com/omm.

When to Apply:By 30 June 2018 for 2020 training contracts.

Whats involved:Online application; interview with partners/senior associates, presentation, written exercise.

 Vacation schemes

Summer:Summer 2018 (apply by 31 January 2018).