life as a trainee Frankfurt Hartford “At Bingham, we offer exceptional career opportunities Lexington (GSC) through our training programme. We work with sophisticated financial institution clients on high- profile and often -setting cases in which New York you would play an active role. The work is fast-paced, Orange County interesting and often fun.” Santa Monica Vance Chapman Graduate Recruitment Partner Washington

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“The relatively small teams at Bingham mean that even as a trainee you will frequently find yourself on a steep learning curve. Being encouraged to take on challenging work is one of the best things about training here, and the supportive atmosphere means that you are made to feel like part of the team from day one.”

Jessica Howlett Second-Year Trainee

“Since starting my training at Bingham, I have felt very much part of a team. This has been due to the high level of responsibility I have enjoyed, through undertaking many tasks single- handedly but always with the support of others, as well as attending meetings and even having some client contact.”

Donya Fredj Graduate Recruitment Second-Year Trainee London Trainees

“Training at Bingham takes place through work on Bingham McCutchen® live matters, usually as part of a small team. This © 2013 Bingham McCutchen LLP One Federal Street, Boston, MA 02110-1726 ATTORNEY ADVERTISING not only allows you to develop technical skills but To communicate with us regarding protection of your personal information or to subscribe or unsubscribe to some or all of our electronic and mail communications, notify our privacy administrator at [email protected] or [email protected] (privacy policy build good working relationships which continue available at www.bingham.com/privacy.aspx). We can be reached by mail (ATT: Privacy Administrator) in the US at One Federal Street, after qualification. The work itself is engaging Boston, MA 02110-1726 or at 41 Lothbury, London EC2R 7HF, UK, or at 866.749.3064 (US) or +08 (08) 234.4626 (international). and fast-paced, as a result of our client base. As Bingham McCutchen LLP, a Massachusetts limited liability partnership, operates in Beijing as Bingham McCutchen LLP Beijing Representative Office.

a newly qualified , Bingham is an exciting Bingham McCutchen LLP, a Massachusetts limited liability partnership, is the legal entity which operates in Hong Kong as Bingham place to practise.” McCutchen LLP in association with Roome Puhar. A list of the names of its partners in the Hong Kong office and their qualifications is open for inspection at the address above. Bingham McCutchen LLP is registered with the Hong Kong Society as a Foreign and does not advise on Hong Kong law. Bingham McCutchen LLP operates in Hong Kong in formal association with Roome Puhar, a Hong Gordon Davidson Kong partnership which does advise on Hong Kong law. Associate Bingham McCutchen (London) LLP, a Massachusetts limited liability partnership authorised and regulated by the Authority (registered number: 00328388), is the legal entity which operates in the UK as Bingham. A list of the names of its partners and their qualification is open for inspection at the address above. All partners of Bingham McCutchen (London) LLP are either solicitors or registered foreign .

This communication is being circulated to Bingham McCutchen LLP’s clients and friends. It is not intended to provide legal advice

addressed to a particular situation. Prior results do not guarantee a similar outcome. 10/13 INTRODUCTION OUR PRACTICES WHAT DO WE LOOK FOR? Bingham’s London team of more than 50 leading finance, litigation and Financial Restructuring―Widely recognised as one of the world’s top-tier We are looking for high-quality candidates who have an exceptional corporate lawyers is dedicated to providing a seamless and responsive financial restructuring firms, we have played a leading role representing academic record combined with of extracurricular achievement. service to the firm’s international financial institution clients. Our London creditors in numerous high-profile, precedent-setting workouts and Prospective trainees will show initiative, be solution-driven and seek to office capabilities have been carefully shaped to meet the complex needs restructurings throughout Europe. Our Financial Restructuring Group, be part of a challenging, yet friendly, environment. of a demanding client base. Through practical experience and in-depth which includes recognised leaders in the profession, is ranked in Band 1 study of the legal and business issues facing these clients, the firm’s by UK, Legal 500 UK and IFLR 1000 and has also been awarded YOUR BENEFITS London lawyers provide in an intelligent and focused way. We have a top-tier ranking by PLC in its Restructuring and Insolvency Handbook for The current salary for first year trainees is £40,000, rising to £45,000 in approximately 1,000 lawyers in 14 locations in the US, Europe and Asia. six consecutive years. the second year of training (as at 1 September 2013). On qualification, the London Finance ― Often at the centre of today’s most high-profile and salary is currently £100,000. In addition, we offer private health insurance, TRAINING PROGRAMME innovative transactions, our top-tier, multidisciplinary finance team travel insurance, long-term disability insurance, season ticket loan, life We recruit up to four trainee solicitors each year. The training contract advises on financings, workouts and restructurings throughout Europe. assurance, a critical illness scheme and subsidised gym membership. consists of four six-month seats, rotating between the following practice Our London debt finance lawyers also have in-depth experience in A discretionary bonus is also payable. areas: financial restructuring, finance, litigation, corporate, financial structuring, negotiating and documenting substantial and complex credit regulatory, competition and tax. The intimate nature of our London office arrangements. SPONSORSHIP AND AWARDS means you will benefit from a bespoke training programme with a high On acceptance of our offer for a training contract, we will provide LPC Securities and Financial Institutions Litigation―We help financial level of partner involvement. You will have interesting Tier 1 work and and PgDL fees and a maintenance grant of £8,000 per year. assume responsibilities from day one. The firm is aLex 100 2012/13 institutions with the disputes and business challenges that they face— that is our exclusive focus. As a result, we have gained experience over Winner for quality of work, manageable stress levels and job satisfaction. APPLICATION PROCESS many years that enables us to provide our financial institution clients with After an initial screening meeting with our Graduate Recruitment Manager, YOUR DEVELOPMENT incisive, business-orientated and solution-driven advice. We represent European and US-based financial institutions, including investment banks, you will have the opportunity to gain insight into our core practices by Bingham’s training programme includes external training and in-house hedge funds and investment management companies. meeting with a number of our London partners, supervisors and other key seminars covering specific areas of law as well as practical skills and personnel, who will conduct interviews over a half-day period. Our formal the fostering of commercial awareness. Your time with us begins with an Financial Regulatory― Our team advises clients on all aspects of the interview process takes place during August/September. Our application induction course that introduces you to the firm’s main departments where UK’s changing financial services regulatory framework. We advise deadline for law students and non-law students is 31 July 2014 for training you will be given an overview of our office and accounting procedures. on the emerging policies of the regulators as well as on their specific commencing September 2016. Please apply via www.cvmailuk.com. There are then regular lectures and work sessions throughout the year that rule requirements and are recognised as a market leader in handling are designed specifically for trainees. You will also have regular meetings investigations and enforcement proceedings. Our lawyers provide CONTACT US with our Graduate Recruitment Manager and partners where you can significant technical knowledge aligned with practical experience gained If you have any questions or require further information, please visit discuss your progress and any other issues. from working in-house and for the regulators. our website at www.bingham.com/londontrainees or contact our UK Funds―London is one of the hubs of Bingham’s market-leading Graduate Recruitment team at [email protected] COMMUNITY AND PRO BONO Investment Management Practice Group. Lawyers in our London office or +44.20.7661.5300. Helping those in need is an integral part of life at Bingham. In 2008 advise both US and non-US managers, advisers and funds, addressing we launched the Bingham Reading Scheme, whereby volunteers the needs of investors in the financial centres of the world. Our UK-based WHERE TO FIND US provide literacy support to children at a local school. Other community practice offers a team of experienced US and UK investment management Bingham McCutchen (London) LLP +44.20.7661.5300 programmes in London include our “Backpack Project,” which enables and funds lawyers who have handled countless fund launches and provide 41 Lothbury www.bingham.com underprivileged children to be fully equipped with uniforms, stationery up-to-the-minute advice on current market terms and best practices. London EC2R 7HF and other items for the start of the new school year, and our annual “Giving Tree,” which provides children at a chosen charity with gifts of Corporate ―Bingham’s London team principally advises on special their choice for Christmas. situation investments, innovative methods of listing financial vehicles on London’s stock exchanges and high-end corporate work, including public/ Through LawWorks, an independent charity which supports, promotes private M&A and takeovers, private , equity capital markets, debt and encourages a commitment to pro bono work across the solicitors’ capital markets and strategic corporate advice. profession, Bingham has been involved in various pro bono matters, including providing assistance to charities such as youth groups, sports EU/UK Competition― Our practice advises on the full teams and environmental organisations. range of competition law services across Europe, representing clients before the European Commission and other EU institutions, the Office of OUR CLIENTS Fair Trading, the Competition Commission and the Competition Appeal , as well as litigating before the European and UK . Bingham’s London client base includes many of the world’s largest insurance companies, pension funds, investment banks, hedge funds, Tax ―The London tax practice advises on all aspects of direct and distressed debt investors, international agencies, governments and indirect UK taxation, with a focus on representing financial institutions in multinational corporate groups. restructurings and reorganisations, M&A, capital market issuances, funds, securities and derivatives. We also provide stand-alone tax consultancy services and advise on tax audits, enquiries and litigation.