sullivan and cromwell vacation scheme

I interviewed at Sullivan & Cromwell (New York, NY) in Jun 2022. To apply for a training contract starting in 2025, please send a copy of your CV (including a full classification and percentage breakdown of all academic results) and a covering letter to: [emailprotected]. Comparative to its 140+ years of history in the Big Apple, the London office has only been around for half a century, but that still puts it among the first of the US firms to make the move over the Atlantic to set up shop in the early 1970s (and recently celebrated its 50th anniversary). You may not collect more than 75 pages in a binder. I applied through college or university. Minimum degree grade: 2:1. Filter Job Function Administrative Arts & Design Business Consulting Customer Services & Support Education Engineering Finance & Accounting Healthcare Personnel/Human Resources The clients are very international, and the work is very different to the rest of the departments. Standard OCI. This small cohort gave trainees the opportunity to feel less like a cog in a machine. Many incomers have international backgrounds, which our sources reckoned lends itself to an inclusive and welcoming atmosphere. I've also been involved in a transaction this year which involved acquiring a company in the adaptable building sector. The Firm has developed leading practices in several key areas including: mergers and acquisitions, banking regulation and white-collar criminal defense and investigations, among others. Hannah Cockle opens up about her experience as part of Sullivan & Cromwells small trainee cohort. And again, that's a long-term project. The capital markets team focuses on debt and equity capital markets for issuers. When you put that all together, we believe that both of these are key factors in attracting and retaining trainees and helping them develop into the best lawyers. These are popular among the different cohorts, and the firm definitely tries to get everyone on one.. Why did you choose your major? Sullivan & Cromwell LLP. The firm hires four to six trainees each year. You will be supervised in each seat by a partner who is a leader in his or her field, along with other senior lawyers. We get to know their very different backgrounds and work together on some deals, too, which is great. Others waxed lyrical about getting to know colleagues in the firms canteen: There are rows of tables, and everyone sits with whoever is there. Banking and finance involves many financial products, from bank loans to companies to highly structured financing arrangements across multiple jurisdictions. Provided by Sullivan & Cromwell LLP USA - Head office New York 125 Broad Street, New York, New York, USA, NY 10004-2498 Web: www.sullcrom.com Tel: +1 212 558 4740 Fax: +1 212 558 4009 View ranked office USA Los Angeles 1888 Century Park East, Los Angeles, California, USA, CA 90067-1725 View ranked office Palo Alto The underwriters for AT&T Inc. (U.S.) on its: $7.41 billion aggregate total of two SEC-registered offerings of notes (2021), $30.83 billion aggregate total of five SEC-registered offerings of notes and $9.68 billion Section 4(a)(2) and Rule144A/Reg S offering of notes (2020), $9.58 billion aggregate total of two SEC-registered offerings of notes (2019), $4.0 billion aggregate total of two SEC-registered offerings of guaranteed notes (2021), $12.0 billion aggregate of a novel multi-currency, multi-tranche hybrid perpetual bond offering (2020) (its first hybrid securities offering and the first corporate perpetual hybrid bond offering in the U.S.), $11.25 billion aggregate total of six SEC-registered offerings of notes (2020), $3.5 billion aggregate total of three SEC-registered offerings of notes (2019). The first of those is investments focused on environmental social, and governance (ESG) matters, as well as sustainable finance, by which we mean investments that take into account the ESG impact of the relevant investment. In capital markets, we were working on global transactions with SoftBank to monetize its shareholdings in T-Mobile US and Alibaba, and doing that from London. Anonymous Interview Candidate in New York, NY, I applied online. I was involved in every stage. S&Cs finance and restructuring offering spans project finance and leveraged finance (and related restructuring work). Major global corporates, financial institutions and investment funds come to S&C to handle their most complex and challenging international work. The Firm offers talented law school students the opportunity to spend 10 weeks at one of the world's leading law firms, where they will work alongside S&C lawyers in a broad mix of practice areas across a global platform. Latham & Watkins: Mergers & Acquisitions Virtual Experience Programme, Latham & Watkins: Emerging Companies Virtual Experience Programme, Latham & Watkins: White Collar Defense & Investigations Virtual Experience Programme, Clifford Chance: Global Virtual Internships, Herbert Smith Freehills: Trainee Associate Programme 22/23, White & Case LLP: Virtual Learning Programme, Shearman & Sterling: Training Contracts 2023/2024, Essential cookies to make this website work, Third party cookies used for personalised ads and content. If S&C participates in OCI at your law school, please also be sure to rank S&C . S&C provides assistance to summer associates who will require sponsorship for a work visa. Also, in recent years, our Capital Markets lawyers have counseled clients on corporate governance and evolving disclosure matters, such as ESG-related disclosure issues, and have counseled corporates and sovereign entities on novel capital markets transactions, including sustainability, social and green bond offerings. sullivan and cromwell vacation scheme. The firm handles high profile work such as complex mergers and acquisitions, securities litigation, and white . In relation to growth, what I'd like to do is focus on some of the sectors of the economy where we see particular opportunities. Recently, for example, the firm advised the lenders to Cineworld during its restructuring. Corporate tax involves involves advising clients on the tax risks associated with acquiring, selling or restructuring assets. Ben Perry: When I spoke with your colleagues at Chambers Student last year to do this interview, I was able to highlight how much everyone at the firm had pulled together and supported each other during the pandemic. We will accept applications for our 2023 summer vacation scheme from penultimate-year law students and final-year non-law students, as well as those studying for postgraduate degrees, from 1 November 2022 through 13 January 2023. Davies explains that our assessment process is very collaborative, so I will speak to the partners about my time with the candidates, and we'll also speak to the trainees who took them for coffee. They let you meet with 4 or 5 people across the department, and it's all pretty standard. The fact that we're sitting here today talking via a video platform that three years ago none of us had ever used, is one example. This well-oiled US giant helps trainees navigate the legal plumes of the Big Smoke. Be the first to find this interview helpful, Why do you want to work here? Everyone was very gracious and it seems like they all love working at this firm. Tell me about a time you managed competing deadlines. LawCareers.Net Training & Recruitment Awards 2020: the results. Sullivan & Cromwell LLP 1 New Fetter Lane London, EC4A 1AN England +44-20-7959-8900 +44-20-7959-8950 Get Directions Sullivan & Cromwell's London office, established in 1972, is the second-largest office of the Firm. If you are interested in applying for a summer associate position and your school allows you to interview before OCI, please submit a resume, transcript and cover letter to [emailprotected] as soon as you receive your 1L spring grades. becky ending explained. More broadly on the SQE, I've actually been personally involved in discussions with the SRA in relation to the introduction of the SQE for a number of years, through my work with the Training Committee of the City of London Law Society. Common stages of the interview process at Sullivan & Cromwell according to 72 Glassdoor interviews include: Find a Great First Job to Jumpstart Your Career, Stand Out From the Crowd With the Perfect Cover Letter, How to Prepare for Your Interview and Land the Job. Sullivan & Cromwell LLP provides the highest quality legal advice and representation to clients around the world. Hosted over Zoom this year as expected. CS: What are some of the current focuses of the firm? 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. It was great to be able to understand how everything works together in just six months. Trainees were often liaising with local counsel, other law firms, and clients in different countries. In addition to offering the most attractive trainee salary and benefits package of any major law firm in London, we will cover PGDL/LPC/SQE fees for prospective trainees who accept our offer of a training contract. The London office practices English, EU and US law. German Law Clerks & Trainee Lawyers Sullivan & Cromwell LLP. Other benefits Interview itself had a lot of questions about the firm itself and tested your knowledge on it. Intercontinental Exchange, Inc. (ICE) (U.S.) on its: $6.5 billion SEC-registered offering of notes in connection with ICEs acquisition of Ellie Mae (2020), $2.5 billion SEC-registered offering of notes (2020), $2.25 billion SEC-registered offering of notes (2018). What's more helpful is to let us know why they interest you, and how they match what you want from the job. She also adds that it's pointless to repeat what's on your CV already. Instead, candidates should write a punchy letter of motivation, covering no more than one side of A4., Candidates called back to the next stage come into the firm's offices for a morning or an afternoon session. Corporate finance lawyers advise companies on all aspects of the buying and selling of whole businesses or business assets. If S&Cparticipates in OCIat your law school, please also be sure to rank S&C highly when making your OCI bid selections. You may not collect more than 75 pages in a binder. Here youll find the likes of Stellantis, Morgan Stanley Infrastructure and Goldman Sachs, which the firm represented on its acquisition of Lloyd's Register's Business Assurance & Inspection Services division. Applications accepted from 1 November 2022 through 13 January 2023. Participants in the summer vacation scheme are paid 750 per week. Sullivan & Cromwell plays particularly close attention to grades. You will work . We advise on all types of equity transactions, from follow-on and secondary offerings to equity-linked securities and equity derivatives. S&C offers a two-week summer vacation scheme primarily aimed at penultimate-year law students and final-year non-law students. I applied online. Candidates are interviewed by two partners separately and have a tour of the firm conducted by trainees, including introductions to key members of the office. Glassdoor has millions of jobs plus salary information, company reviews, and interview questions from people on the inside making it easy to find a job thats right for you. We will be accepting applications for our 2025 trainee intake from1 May 2023 through14 July 2023. In order to use the binder you must agree to cookie use. close. Graduates and post-graduates are also eligible. At the same time, the SQE also removes some of the elements of the current system that are potentially disruptive during a training contract, such as the requirement for the trainees to take the PSC and gain contentious experience before they qualify. The Ultimate Job Interview Preparation Guide. The firm comprises more than 875 lawyers who practice through a network of 13, highly integrated offices located in key financial centres in Asia-Pacific, Europe and the United States. All the resources you need to research law firms and barristers' chambers, Corporate/M&A: 800 million and above (Band 4), Energy & Natural Resources: Mining (Band 4). S&C has long-standing relationships with many law schools and universities around the world. Description. Feel free to generate this binder, clear it, and start a new one with the additional pages you wish to collect. The interview process was intimidating, but in the end, it was okay. Tel: 020 7959 8900. Here you can expect to do quite a bit of due diligence, although our sources were keen to note theyd been involved in other aspects, too, like updating articles for clients, getting some input on drafting, and sitting in on calls. Its also a great seat to get to know the rest of the firm, as the team works closely with the finance, tax, capital markets, and competition departments., I was involved in every stage. 07/03/2022 . Teamwork andcollaboration with colleagues are the foundation ofour success. The firm comprises more than 875 lawyers who practise through a network of 13, highly integrated offices located in key financial centres in Asia, Australia, Europe and the United States. Those are all performing similarly well in London and also globally. Please adjust your search and try again. There will be ways in which what we do and how we do it evolves. Qualification here is a natural process; weve got a small cohort, so people already have a feel for what youre going to be doing. The firms generalist approach means trainees qualify into general practice which is everything excluding competition and tax unless you specifically choose to go into those areas.Our sources reckoned it was the transparency of the process (with shoutouts to training principal Ben, and Kirsten from HR and training) that gave them no unnecessary stress. In 2022, the firm retained all three of its qualifiers. It went very well. Feel free to generate this binder, clear it, and start a new one with . The following interviews were easy behavioral questions. More often than not everyone's on the same page.. We also heard there was an element of case management. We did hear, however, that as its a small cohort, its relatively easy to get what you want. Famed for its corporate offering, trainees are likely to sit in the firmsM&A, capital markets, and finance departments, although one of these can be completed as a client secondment. To apply for the 2023 summer vacation scheme, please e-mail a copy of your CV (including a full classification and percentage breakdown of all academic results) and a cover letter to traineesolicitors@sullcrom.com. champions league 2016 top scorer. Paris Internship Program PIPEs: S&C advises investors, issuers and placement agents on the entire range of financial products, including common stock, convertible preferred stock, convertible debt and warrants. Read More. Has the introduction of the SQE changed anything about the way Sullivan & Cromwell trains? S&C provides the highest-quality legal advice and representation to clients around the world. We have relatively small intakes, so people are given a much higher level of responsibility, so it's also important trainees have the level of confidence to handle that level of work.. At Bright Network we use cookies and similar technologies to help deliver you the best possible experience. Global Opportunities Paris Internship Program Hong Kong Trainee Solicitors Vacation scheme We aim to provide interested trainees with the opportunity to spend time in one of our other offices during their training contract. Which subject did you like the most and why? We do not accept applications for our vacation scheme from law students in their first year of study or from non-law students prior to their final year of study. 1 New Fetter Lane, London, EC4A 1AN Website www.sullcrom.com. We will be accepting applications for our 2023 summer vacation scheme from1 November 2022 through 13 January 2023. However, a source cautioned, When its busy, you dont stop until whatever youre working on is finished. We heard that could mean hours stretching to midnight or 2am, but thats only when youre close to signings. Our sources found comfort in the fact that by the end of the day, you have a pretty good feeling about whether or not to expect things to come in later. Debt: S&C is the #1 ranked law firm representing issuers in global bonds from 2017-2021, with more than $400 billion in transaction value (Bloomberg). What was your favorite/least favorite job? A seat in the firms M&A department sees trainees tackle various international corporate deals over multiple jurisdictions, including public and private work. We pay every candidate attending our summer vacation schemes. And that takes me onto the second growth area. CS: Has there been any changes to the format of the training contract? Candidates interviewing for Legal Assistant/Paralegal and Paralegal rated their interviews as the hardest, whereas interviews for Legal Assistant and Litigation Legal Assistant roles were rated as the easiest. Glassdoor users rated their interview experience at Sullivan & Cromwell as 56.0% positive with a difficulty rating score of 2.74 out of 5 (where 5 is the highest level of difficulty). Had the initial interview over Zoom and then was ghosted after sending a follow up email. As Davies tells us, We take grades quite seriously, so that means we're looking for a high 2:1 or a First. The process took 4 weeks. All of this is backed by the expertise of S&Cs worldwide network of 13 offices, many of which receive high recognition in the Chambers Global guide andcan be found at the heart of major financial hubs, including Tokyo, Beijing, and Frankfurt. The one thing that I would want to stress in the context of applicants for training contracts - and it's been the case over the past decade - is that someone who joins us as a trainee will continue to get far greater opportunities to take on responsibility when they're a trainee because of the smaller intake. Turning to the perspective of applicants for training contracts, we've just welcomed our first in-person vacation scheme students in three years the first since 2019. More than 20 law firms and five barristers chambers have signed up to the #10000blackinterns initiative, alongside the Law Society and Bar Council, with the Law Society urging other firms to get involved. That said, there are a number of sectors which are of particular interest to our clients in 2022. LawCareers.Net is excited to announce the nominees for the 17thannual LawCareers.Net Training & Recruitment Awards, which this year will take place virtually. We do not accept applications for our vacation scheme from law students in their first year of study or from non-law students prior to their final year of study. In M&A we were working with DraftKings on the proposed acquisition of Entain, which was the largest proposed M&A transaction announced in the UK during 2021 (it ultimately didn't go forward). Tell us more about yourself CS: Our readers wont be joining your firm for the next few years. Fortescue Metals Group Ltd (Australia) on its: $1.5 billion Rule 144A/Reg S offering of high-yield notes (2021), $600 million Rule 144A/Reg S offering of high-yield notes (2019). You should possess genuine intellectual curiosity, integrity, strong interpersonal skills, commercial awareness and an ambition to succeed at one of the worlds leading law firms. Hong Kong usually makes an appearance on the list, and other previous opportunities have seen trainees jet off to Washington DC, LA, New York, Brussels, Paris, and Frankfurt (to name just a few). Four interviews split up into 30 minute blocks at the main office. The way in which we've continued to serve our clients and support each other through all of the twists and turns that the pandemic has presented is a testament to the dedication and skill of all our lawyers, trainees, and staff. So, we're advising on more transactions in that area, whether it's green financings or sustainability linked financings, as well as on transactions involving clean technology and renewable energy. London office: 1 New Fetter Lane, London EC4A 1AN. On such matters, trainees are tasked with carrying out research on points of law and civil procedure, and theres a good slice of drafting. Participants in the summer vacation scheme are paid 750 per week. We understand if there's the odd blip along the way, but we do look for consistency. Grades aside, she adds that the firm looks for common sense, commercial aptitude, analytical skills, enthusiasm, resilience, initiative, and motivation to be part of the team at Sullivan & Cromwell. Its such a flat hierarchy that way. What happens in the canteen doesnt stay in the canteen trainees felt this dynamic permeated the firm. Which practice areas are performing well/growing? Great office location though. Sponsored by Sullivan & Cromwell LLP. In terms of seat allocation, trainees-in-waiting are asked to put forward preferences, although, like most firms, second-years are given priority. Famous for: New York prestige; transactional practices; reputation for perfection; small trainee intake, UK partners/solicitors/trainees: 15/60/10, Seats: 2x6 months (first year) and 3x4 months (second year), Overseas seats: Hong Kong, Paris, Melbourne, New York, Palo Alto, Sydney, Washington DC, various European offices, Seat options: M&A; capital markets; finance and restructuring; competition and tax. S&C has leading U.K., French, German and Hong Kong law practices and offers students exceptional opportunities in those jurisdictions. The salary is obviously very good, a source told us. But that's all before they start. Read More, Our women lawyers practice in the most important areas affecting the global economy and they hold key leadership positions at the Firm, including on the Firms Management Committee and as the heads of several practice groups and practice areas. Sullivan & Cromwell LLP is an American multinational law firm headquartered in New York City.Known as a white-shoe firm, Sullivan & Cromwell is recognized as a leader in business law, and is known for its impact on international affairs, such as the financing of the Panama Canal. During these two weeks, summer placement students shadow a partner or senior lawyer to help them get a feel for S&C's work and culture. The London office practises English, EU and US law. So what we are doing, and what we expect to do more of, is working with clients to help them achieve their energy transition goals. Keep up to date with our free weekly newsletter, careers.sullcrom.com/uk-trainee-solicitors, Acheived or projected first or upper second class honours degree. Firm profile It serves as a natural focal point for English law advice, as well as for cross-border European and cross-continental transactions. They will provide the guidance you need to help you make the transition from academic study to legal practice. Takeda Pharmaceutical Company Limited (Japan) on its: $7.0 billion and 3.6 billion SEC-registered offerings of notes (2020) (its inaugural SEC-registered offering of securities), 7.5 billion and $5.5 billion Rule 144A/Reg S offerings of notes (2018) (at the time, the largest debut euro-denominated unsecured bond offering and the largest dollar-denominated bond offering by a Japanese issuer), The initial purchasers for United Technologies Corporation (UTC) (U.S.) on its $14.5 billion Rule 144A/Reg S offering of bonds in connection with the announced spin-offs of UTC subsidiaries Otis Worldwide Corporation and Carrier Global Corporation (2020), The initial purchasers for Upjohn Inc. (n/k/a Viatris Inc.)/ Upjohn Finance B.V. (U.S./ Netherlands) on its $7.45 billion Rule 144A/Reg S offering and 3.6 billion Reg S offering of notes in connection with the combination of the Upjohn generic medicines business and Mylan N.V. (2020). A group of landlords in the restructuring of. Meanwhile, the restructuring side represents lenders and borrowers, including public companies, private equity firms, landlords, and bondholders on you guessed it financial restructurings. We believe that a clerkship is an excellent learning experience that dovetails exceedingly well with the variety and diversity of work available at S&C. Remuneration 750 per week. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. This starts with an informal chat with Davies. Read More, S&C highly values the judicial clerkship experience. One particular example which I'd like to highlight is M&A, the practice area in which I work. Our summer program is designed to replicate, as closely as possible, the experience of being an S&C lawyer. Close Window. S&C has played a formative role in the development of the global capital markets, with experience that stretches back to the preparation of the first major registration statement under the Securities Act. There were two rounds of interviews with HR professionals and paralegals at the firm where they asked general interview questions and got to know me as an applicant. Ill give you a few examples of transactions on which we've worked in London over the past year. The best lawyers deserve the best tools and the Firm seeks to ensure that associates have what they need to work and live well. The use of technology in practice, the investment in technology that's required, and the investment in ongoing training, is something that's always on the agenda. . Sponsored by Milbank LLP. This is something we think is a distinguishing factor of our vacation scheme. That's continued to be the case over the past 12 months.