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Trainee Solicitors an EXCEPTIONAL OPPORTUNITY Copyright © 2011 Sullivan & Cromwell LLP ABOUT SULLIVAN & CROMWELL

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Trainee Solicitors an EXCEPTIONAL OPPORTUNITY Copyright © 2011 Sullivan & Cromwell LLP ABOUT SULLIVAN & CROMWELL Trainee Solicitors AN EXCEPTIONAL OPPORTUNITY Copyright © 2011 Sullivan & Cromwell LLP ABOUT SULLIVAN & CROMWELL Introducing S&C Sullivan & Cromwell provides the highest quality legal advice and representation to clients around the world. The results we achieve have set us apart for nearly 130 years and become a model for the modern practice of law. At S&C, there is no such thing as second best – our culture of meritocracy, responsibility and opportunity ensures the success of each and every new employee. We hope this brochure gives you an insight into S&C, and the factors that distinguish us from other law fi rms. If you are interested in working with the world’s leading companies on their most challenging matters, and you feel that you have the qualities we are looking for, we encourage you to apply for a training contract with us. 1 History Since its foundation in New York in 1879, S&C has been involved in some of the most signifi cant international business transactions and developments. This extends from working on the development and fi nancing of the Panama Canal to advising governments, companies and investment banks on many of the major privatisations in the UK and Europe and being at the forefront of most of the major transactions and developments during the global fi nancial crisis of 2008. More information about the history of S&C can be found at: www.sullcrom.com/about/history In 2011, in its fourth annual Transatlantic Elite survey, The Lawyer named S&C as one of the “sweet sixteen” law fi rms that will shape the global market in the year ahead – the Firm has been recognised every year since the survey’s inception. 3 S&C London The London offi ce, established in 1972, is S&C’s largest offi ce after New York. There are approximately 65 English, US and dual-qualifi ed lawyers working in the offi ce across a number of practice areas, including: M&A and private equity; capital markets; credit, leveraged and acquisition fi nance; project fi nance; competition law; criminal defence and investigations and tax. S&C London is perhaps unique in the scale, complexity and signifi cance of the work carried out in an offi ce of its size. Since 1999, S&C’s London offi ce has included partners and associates advising on English and EU law. Over the past decade, we have taken a series of initiatives to strengthen and develop our English and EU law practice, while continuing to grow the practice organically. The development of a trainee solicitor programme is an important and exciting step in this organic growth. We expect to further develop the practice over the coming years in response to the needs of our clients. More information about the work recently done in the London offi ce can be found at: www.sullcrom.com/London-England “They have the reputation of being the Rolls-Royce of law fi rms and our experience is that they really are – they deliver a whole different kind of quality.” CHAMBERS UK 2011 5 Integrated Legal Services Worldwide S&C has more than 700 lawyers across an international network of 12 offi ces on four continents. We maintain a unifi ed fi rm culture worldwide and provide our clients with highly integrated legal advice on a global basis. The offi ce locations refl ect our strategy to be present in key fi nancial and business centres where our clients are active. Approximately half the Firm’s clients are based outside the US. LONDON FRANKFURT PARIS BEIJING TOKYO HONG KONG ASIA/PACIFIC 35+ LAWYERS EUROPE 100+ LAWYERS Tokyo (1987) London (1972) Hong Kong (1992) SYDNEY Paris (1927) Beijing (1999) MELBOURNE Frankfurt (1995) Melbourne (1983) Sydney (2001) 6 Unique Business Model S&C is committed to being a global organisation. Unlike many law fi rms with an international reach, S&C has built its network of offi ces not by acquiring fi rms or hiring large numbers of lawyers from other fi rms, but by developing offi ces to serve client needs and staffi ng them primarily with lawyers who have been with S&C for their entire careers. Almost all of our partners have spent their entire professional lives with the Firm, and approximately half have spent a signifi cant portion of their careers in more than one of our 12 offi ces. Our business model sets S&C apart from many less integrated law fi rms that are characterised as “international” and from other law fi rms that are more domestic in their focus. This provides a unique opportunity for those lawyers PALO ALTO NEW YORK WASHINGTON, D.C. LOS ANGELES wishing to work on some of the most interesting and high-profi le transactions, both in Europe and across the globe. UNITED STATES 600+ LAWYERS New York (1879) Washington, D.C. (1977) Los Angeles (1984) Palo Alto (2000) 7 OPPORTUNITIES AT SULLIVAN & CROMWELL Our success is the result of the quality of our lawyers, the most broadly and deeply trained team of lawyers in the world. Since S&C was fi rst founded, our approach has been to recruit the very best US law school graduates and train them to be all-round “generalist” business lawyers within broad practice areas. We promote lawyers to partner almost entirely from among our own associates. The result is a partnership with a unique diversity of experience, exceptional professional judgement and a demonstrated history of innovation. We are now replicating this model in London. Starting in September 2013, S&C will for the fi rst time employ trainee solicitors in its London offi ce. By recruiting the very best law and non-law students and graduates to train as solicitors with a view to continuing their careers with us, we aim to continue the organic growth of our London offi ce and our English and EU law practices. We see our trainees as the future associates and partners of the Firm. “The selling point [of S&C] is that the team is incredibly high calibre. There are no weak links – including associates. All their associates seem to have been hand-picked; they’re all incredibly bright and hardworking.” IFLR 1000 2011 9 OUR TRAINEE PROGRAMME The Programme Although our London offi ce has been in existence for nearly 40 years, we did not want to start a trainee solicitor programme until we were confi dent that it would be one of the best of its kind. Training contracts with S&C will be divided into four six-month seats, covering at least three practice areas as required by the Solicitors Regulation Authority. As a trainee you will, in each seat, be supervised by a partner who is a leader in his or her fi eld, as well as other senior lawyers, to guide you through your work and help ensure that you are engaged and challenged by interesting work. The partners and senior lawyers you are working with will ensure that you see a range of outstanding work, and receive guidance to help you make the transition from academic study to legal practice. We will offer our trainees the opportunity to do superior work, meet exceptional people and grow in a supportive culture. We aim to distinguish our trainee programme by offering genuine mentoring from partners and other senior lawyers who will take a keen interest in your career development. 10 International Opportunities Although our trainees will be working on international work every day in London, we will aim to provide trainees who are interested in spending time in one of our other offi ces with the opportunity to do so during their training contract. This will primarily be in our New York or Hong Kong offi ces, although there may also be openings for trainees to spend time in one of our other offi ces in Europe or Asia. We have had a visiting lawyers programme in our New York offi ce since 1949. Our trainees who spend time in New York will have similar opportunities to those we have provided to our hundreds of visiting lawyers over the past 60 years. Quality of Work We avoid routine and commoditised work, and focus on work which is interesting and challenging. In all our practice groups, you will work with small teams of partners and associates. Refl ecting the integrated and international nature of our practice, the teams will often include both US and English qualifi ed lawyers in London, as well as lawyers from other offi ces, working together in a highly integrated way. From an early stage, you will be encouraged to take real responsibility. This will include: preparing draft written advice; participating in meetings and conference calls; dealing with clients and other lawyers on a regular basis; reviewing and drafting contracts, notices, letters and other documents; reviewing and drafting public disclosure documents; co-ordinating the signing and closing of transactions; carrying out research into specifi c questions of law or practice and participating in discussions on tactics and strategy. You will be constantly challenged but, with help and guidance from our experienced lawyers, you will soon fi nd your feet. 11 OUR PRACTICE AREAS General Practice A seat in our General Practice group will provide a thorough and broad-based training in the legal, technical and organisational skills required to be a successful all-round business lawyer. Our General Practice group in London is made up of lawyers working in a wide range of different practice areas, including the following: MERGERS AND ACQUISITIONS PROJECT FINANCE – where we (M&A) – where we help clients of advise project sponsors, lenders and all sizes to structure, negotiate, governments and other agencies complete and implement all types on the development, construction of M&A transactions, including and operation and fi nancing of acquisitions, disposals, joint some of the world’s most signifi cant ventures, partnerships,
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