TLT LLP

TLT LLP

Address: 1 Redcliff Street, Bristol, BS1 6TP

Web: www.tltsolicitors.com

Email: graduate@tltsolicitors.com


 


Survey results

 

The lowdown (in their own words...)

Why did you choose this firm over any others? 
 '‘The people I encountered at law fairs and open evenings’; ‘smaller intake of trainees’; ‘it is a full-service firm’; ‘open-door policy’; ‘it really values its trainees’; ‘it has expanded a lot over recent years and continues to grow’; ‘they respected my wider experience’; ‘the friendly culture and wide range of clients, coupled with high levels of responsibility and client contact’
Best thing about the firm? 
 '‘The combination of the people, quality of work and opportunities for progression’; ‘the standard of work is great and there will often be a City firm acting on the other side’; ‘the size of the trainee intake’; ‘fellow trainees and colleagues’; ‘partner supervision’; ‘the view from the Bristol office’; ‘everyone at the firm is very invested in the development of trainees’
Worst thing about the firm? 
 '‘Trainee secondments seem to be weighted more towards the London trainees than any other office’; ‘the pay compared to other firms’; ‘no canteen’; ‘the lifts’; ‘the retention rate in the Manchester office’; ‘the refurbishment works in the Bristol office’; ‘no microwave in the Manchester office’
Best moment? 
 '‘Attending a successful mediation’; ‘going to the commercial court in London’; ‘my first completion for the corporate team’; ‘having daily interaction with clients’; ‘assisting on a high-profile corporate merger’; ‘working with clients and individuals I had read about in the news and seeing the outcome of my work in the news’; ‘enjoying every seat’
Worst moment?
 '‘Being shouted at by a client for someone else’s mistake and having to take the hit’; ‘staying until midnight’; ‘feeling out of my depth due to the technical nature of some work’; ‘trying to tie everything up before my first holiday’; ‘late nights/weekends working’; ‘the first time I realised I had made a mistake – I worried about it all night’'

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

Peter Pan – young, dynamic and exciting

The verdict

The firm

With offices in Belfast, Bristol, Edinburgh, Glasgow, London and Manchester, TLT is able to advise in the UK’s three legal jurisdictions of England & Wales, Scotland and Northern Ireland. The firm’s primary strengths are in the energy and renewables, financial services, retail and consumer goods and TMT sectors. TLT also has a shipping team based in Piraeus.  

The star performers

Banking litigation: investment and retail; Brand management; Commercial litigation; Corporate and commercial; Debt recovery; Employment; EU and competition; Family; Financial services; Franchising; Fraud: civil; Health and safety; Insolvency and corporate recovery; Intellectual property; IT and telecoms; Licensing; Pensions; Personal tax, trusts and probate; Professional negligence; Property litigation; Social housing: local authorities and registered providers

The deals

Advised General Mediterranean Holdings on the conditional site assembly, development, planning and funding of a £182m mixed-use development project at London’s Bridge Park; currently advises Aldi Supermarkets on licensing matters concerning all 78 of its stores in Scotland; represented Blue Diamond Investment and Stegasis Investment in injunction proceedings related to the ownership of two central London properties; assisting Ulster Bank with its loan facilities to Ardina Investments relating to the refinancing of its existing loan facilities for properties in Northern Ireland; advising London Borough of Hounslow in relation to right to buy property sales worth around £5m

The clients

Battersea Power Station Development; Boohoo.com; Close Brothers; First Trust Bank; Martin McColls; PINE Unit Trust; Preston North End Football Club; RBS; The Co-operative Group; State Bank of India

The verdict

‘There is a buzz about the office’ at TLT. Boasting a ‘very modern approach’, it is clear that the national firm ‘genuinely wants to escape the old-school ways’. Recent expansion attracted many trainees who liked that the firm is ‘making a name for itself’. In terms of colleagues, ‘everyone is ambitious and driven but also very down-to-earth, approachable and with a good sense of humour’, and there is certainly ‘no feeling of hierarchy or elitism’. This leads to ‘better relationships with peers and partners’. That trainees are valued is manifested in the high quality of the training, with ‘plenty of opportunities to take ownership of certain matters’, so that best moments include ‘leading completions in transactional seats’ and ‘being trusted to meet a client alone’. Sometimes, this leads to ‘trying to manage partner and junior fee earner expectations simultaneously’, which can be stressful. Supervisor approachability, inclusiveness, job satisfaction and living up to expectations have all earned TLT Lex 100 Winner medals this year. That said, recruits were disgruntled that there are ‘very few secondments on offer for trainees’ and that there is no canteen in the Bristol office, although the views from the refurbished 15th floor of said office were applauded. Opportunities for progression are transparent though: ‘there is quite a clear path to follow and your ambitions are likely to be encouraged’. Inclusivity is high on the agenda, trainees’ ‘wider experience is respected’ and the firm is keen to support flexible working arrangements. To be part of a firm which has a ‘young and innovative attitude’ where trainees are afforded ‘deep involvement in matters’, keep TLT in mind.


 A day in the life of...

Sarah Bratton trainee solicitor, TLT LLP 

Departments to date:  Corporate, real estate, corporate tax and incentives


University:Bristol 
Degree:Law and Chemistry 2(1) 


6.45am:  I’m definitely a morning person and I like to get up early and head to the gym for a work-out before work.

8.30am:  It’s a ten minute stroll through Castle Park to the office, but I detour via St. Nick’s market to pick up a fresh juice.

8.45am:  I check through my emails at my desk and run through the to-do list I made the day before, adding anything extra that has come in overnight. I catch up with both of my supervisors (I have a tax supervisor and an incentives supervisor) and discuss the work I’ll be focusing on today and the tasks I have allocated as ‘priorities’.

9.30am:  The incentives work provides an interesting mix of corporate, tax and employment and a great opportunity to work with other teams across the firm. I’m currently working on an employee incentive plan for a new client and we have been co-ordinating closely with the client and their accountants to finalise the valuation report. After reviewing the latest financial figures, I have a few final tweaks to make to the calculations and the draft documents before I run them past my supervisor.

11.00am:  The tax partner in London emails me with an urgent tax query he has received from one of the property teams relating to SDLT and the availability overlap relief. I need some more facts before I can start my research and I call the solicitor in the property team to gather all relevant information. The tax side of my seat often involves looking into technical points of law and understanding and interpreting the legislation – I learn something new every day! I draft an email to the partner setting out my analysis and advice to the client.

12.00pm:  The legal director in my team is running a tax training session for the corporate team on tax and private equity. I’m keen to attend to broaden my knowledge in this area, and it’s nice to catch up with some of my colleagues from my first seat.

1.00pm:  The sunshine outside looks so inviting and I’m really glad I’ve made plans to meet up in the park with some of the other trainees for lunch. We buy a variety of delights from the pop-up market near the office and catch up over a picnic in the sun.

2.00pm:  Back at my desk and an email has arrived relating to a share sale we are assisting the corporate team with. The purchaser’s solicitor has marked up the tax warranties and indemnities in the draft share purchase agreement and I work through their mark-up and make some amendments. I have a quick call with my tax supervisor to confirm my suggested changes, before sending the revised draft back to the purchaser’s solicitor.

4.00pm:  I have a meeting with a client at their offices in Bristol to discuss an ongoing project. It’s a short walk from the TLT office and I discuss the agenda for the meeting with the incentives partner on the way. The meeting is very productive and I have come away with a list of points to action.

5.45pm:  I draft an attendance note of the client meeting (I always try and do this straight away after a meeting while everything is fresh in my mind).

6.00pm:  To-do list for tomorrow done, it’s time to turn off my PC. We have some vacation scheme students at the firm this week and tonight we’re going to an indoor trampoline park, followed by pizza and cider on the Harbourside.


About the firm

Address:1 Redcliff Street, Bristol, BS1 6TP

Telephone: 0333 006 1241

Website: www.tltsolicitors.com

Email:graduate@tltsolicitors.com

Facebook:www.facebook.com/TLTLLP

Twitter:@TLTtrainees

Senior partner:  Andrew Glynn

Managing partner:  David Pester

Other offices: London, Manchester, Edinburgh, Glasgow, Belfast, Piraeus. 

Who we are: TLT is a top 50 UK law firm that combines expertise with an open mind and a focus on helping both clients and colleagues excel. As one of the fastest-growing law firms we were also given the title of ‘first class’ employer by Best Companies Limited.

What we do: TLT is a full-service law firm with proven expertise advising the clean energy; financial services; retail and consumer goods; digital; leisure, food and drink; public sector; and real estate sectors.

What we are looking for: Commercially savvy law and non-law graduates with/expecting a 2(1) or above with minimum 300/120 UCAS points or equivalent.

What you'll do:Work on active cases for real clients, benefit from a one-to-one mentoring scheme and well-structured supervision from a partner, build in-house soft skills, business skills, legal skills and get technical training throughout the contract.

Perks: Private health and medical schemes, retail vouchers, 25 days’ holiday with the option to buy or sell more, reduced-rate gym membership, season ticket loan, TLT pension plan, life assurance and the opportunity to do community support work, pro bono legal advice, environmental initiatives and fundraising – a full, flexible benefits scheme.

Sponsorship:Professional membership subscriptions, CPE/GDL fees and LPC fees if not already undertaken, maintenance grant (£6,000 pa).

 


Facts and figures

Total partners: 120

Other fee-earners: 500

Total trainees: 37

Turnover in 2017: £74.6m (+4% from 2016). Profits per equity partner: £254,000

Trainee places available for 2021: 20

Applications received pa: 2,000 

Percentage interviewed: 5% 

Salary

First year: £31,000 (Bristol), £37,000 (London), £27,000 (Manchester)

Second year: £33,000 (Bristol), £39,500 (London), £29,000 (Manchester)

Newly qualified: £45,000 (Bristol), £63,000 (London), £39,500 (Manchester)


 Application process

Apply to:Jade Montagna, recruitment officer

How: Online application form

When to apply:By 31 July 2019

What's involved:Application form, video interview, critical thinking test, assessment day, strength-based interview, written exercise, group exercise, presentation.

 Vacation schemes

Spring:One week in Bristol, one week in Manchester (apply by 31 January 2019)

Summer:Two weeks in Bristol, one week in London, one week in Manchester (apply by 31 January 2019)




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