And if you take a look at the firms Chambers rankings, its not hard to understand why. LawCareers.Net Training & Recruitment Awards 2020: the results. 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. Which practice areas are performing well/growing? In order to use the binder you must agree to cookie use. sullivan and cromwell vacation scheme. Here, trainees gain broad exposure with top clients on various matters. I interviewed at Sullivan & Cromwell (New York, NY) in Jun 2022. With $1,765,426,000 . On such matters, trainees are tasked with carrying out research on points of law and civil procedure, and theres a good slice of drafting. Other benefits S&C has long-standing relationships with many law schools and universities around the world. 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. 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. Youre one of the team straight away.. Drawing on the talents of our global, multidisciplinary team, we are adept at handling complex securities offerings across industries and geographic regions. Sponsored by Gowling WLG (UK) LLP. Participants in the summer vacation scheme are paid 750 per week. 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. Vacation scheme A two-week summer placement scheme during 2023; remuneration 750 per week; apply by CV (including a full classification and percentage breakdown of all academic results) and a covering letter to traineesolicitors@sullcrom.com. CS: Our readers wont be joining your firm for the next few years. The Ultimate Job Interview Preparation Guide. You may not collect more than 75 pages in a binder. A perennial market leader, S&C's Capital Markets Group remains at the forefront of this ever-evolving field. Most important, however, are your values. Interviewers sometimes seem they don't care about what you say. 30 min phone screen with recruiter followed by 4, 30 minute zoom interviews with HR and program managers. Training contracts with S&C will be divided into at least four seats. The capital markets team focuses on debt and equity capital markets for issuers. S&C provides the highest-quality legal advice and representation to clients around the world. Vacation scheme places per annum: 10. The salary is obviously very good, a source told us. Davies tells us that they are allocated a supervisor and are fully immersed in the firm. At Bright Network we use cookies and similar technologies to help deliver you the best possible experience. German Law Clerks & Trainee Lawyers Our summer program is designed to replicate, as closely as possible, the experience of being an S&C lawyer. BP: It's been almost 10 years since we had our first trainees join the London office, and what people will see when they start is a firm that's very similar in terms of focus and culture to what it was then, in particular our culture of collaboration and mentorship. If S&Cparticipates in OCIat your law school, please also be sure to rank S&C highly when making your OCI bid selections. Please enter a search term or select a suggested term from the list. Be the first to find this interview helpful, Why do you want to work here? The initial purchasers for Jaguar Land Rover Automotive plc (U.K.) on its: 500 million and $500 million Rule 144A/Reg S offering of high-yield notes (2021), $1.35 billion aggregate total of two Rule 144A/Reg S offerings of high-yield notes (2020), 1.01 billion aggregate total of two Rule 144A/Reg S offerings of high-yield notes (2019). In its native US, Sullivan & Cromwell is one of the most prestigious firms in the New York BigLaw scene. . You may share a link to this page on any of the sites listed below. Has the introduction of the SQE changed anything about the way Sullivan & Cromwell trains? It was a different kind of awards ceremony last night as hundreds of viewers stayed at home to watch the 17th annual LawCareers.Net Training & Recruitment Awards streamed live on Facebook and Instagram. 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). Ill give you a few examples of transactions on which we've worked in London over the past year. Sullivan & Cromwell's training contract is both newer and smaller than most, taking on a maximum of only six candidates a year. Description. 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. Applications accepted from 1 November 2022 through 13 January 2023. 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). Our experience includes advising on the use of frameworks; changes in rules and enforcement activity relating to governance, cybersecurity, climate and human capital; preparing for and responding to shareholder proposals; and the development of new disclosure. The dates of our schemes this year are: Scheme 1: Monday 19 June to Friday 30 June 2023 Scheme 2: Monday 3 July to Friday 14 July 2023 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. On Fishbowl, you can share insights and advice anonymously with Sullivan & Cromwell employees and get real answers from people on the inside. Please adjust your search and try again. There will be ways in which what we do and how we do it evolves. Remember to cite LawCareers.Net on your application form if you apply to Sullivan & Cromwell LLP. S&C London is perhaps unique in the scale, complexity and significance of the work carried out in an office of its size. Training opportunities 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. sullivan & cromwell vacation scheme. sullivan and cromwell vacation schemefastest supra tune code. Feel free to generate this binder, clear it, and start a new one with the additional pages you wish to collect. The London office practises English, EU and US law. 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. 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 legalrecruiting@sullcrom.com as soon as you receive your 1L spring grades. 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. The underwriters for Black Knight Inc. (U.S.) on its: $484 million SEC-registered offering of shares of common stock (2020), $680 million SEC-registered offering of shares of common stock (2018), BPER Banca S.p.A. (Italy) on its 800 million Rule 144A/Reg S rights offering of ordinary shares (2020). Sullivan & Cromwell LLP | Law Students and Law Clerks | Our Offices AB InBev turns to S&C for the largest inbound M&A deal in South Korea's history and the largest private-equity deal there. 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. Weve never just stood still. SPACs: As SPACs have become a commonly-used tool for capital formation and deployment, and have faced increasing regulatory and market scrutiny, S&C has remained at the forefront. Practice areas in which the UK qualified lawyers and trainees in the London office work include: mergers and acquisitions; capital markets, finance and restructuring; competition; and tax. 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 2023 summer vacation scheme from1 November 2022 through 13 January 2023. Large projects involve lawyers specialising in finance, construction and corporate law. The Firm also has offices in Melbourne and Sydney. A two-week summer placement scheme during 2023; remuneration 750 per week; apply by CV (including a full classification and percentage breakdown of all academic results) and a covering letter to traineesolicitors@sullcrom.com. Hannah Cockle opens up about her experience as part of Sullivan & Cromwells small trainee cohort. Close Window. E.g. How will this position fit into your long-term goals? BP: Not at this stage, because all of the trainees who are joining us through our 2023 intake will either have gone or will be going through the existing LPC pathway. Unsurprisingly, the pandemic saw a lull in international secondments, but we heard these were soon to make a comeback in 2023 a development which was certainly welcomed by our interviewees who admitted their excitement to experience that international lawyer lifestyle thats been lost since COVID! No office is off limits for secondment. This starts with an informal chat with Davies. 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. For more information, please visit careers.sullcrom.com/uk-trainee-solicitors. What is the interview process like at Sullivan & Cromwell? So, what's the secret to getting to interview? Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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. Training contracts with S&C are divided into at least four seats two six-month seats during your first year of training and we will consider three four-month seats during your second year of training. We offer insight on the careful planning required to drive each step of the life of a SPAC or a company seeking to go public through a de-SPAC transaction to a successful completion. After the interview, the HR would contact you if you are offered a seat. The underwriters for Raytheon Technologies Corporation (U.S.) on its: $2.0 billion SEC-registered offering of notes (2021), $9.2 billion private exchange offer of notes of its subsidiaries Goodrich Corporation, Raytheon Company and Rockwell Collins, Inc. (2020), Spirit AeroSystems Inc. (U.S.) on its $1.7 billion aggregate total of two Rule 144A/Reg S offerings of high-yield notes (2020). Tell us more about yourself We seek trainees who have an excellent prior academic record along with strong academic credentials, including a projected or achieved first or upper-second class honours degree, or the equivalent. and HKSE listing (2019) (the largest Hong Kong IPO of the year), The underwriters for China East Education Holdings Limited (China) on its $625 million IPO and HKSE listing (2019) (at the time, the largest-ever IPO in the education sector), The underwriters for Clear Secure, Inc. (U.S.) on its $470.6 million SEC-registered IPO and NYSE listing (2021), The underwriters for Confluent, Inc. (U.S.) on its $828 million SEC-registered IPO and Nasdaq listing (2021), Jumia Technologies AG (Germany) on its $225.1 million SEC-registered IPO and NYSE listing (2019), The underwriters for Levi Strauss & Co. (U.S.) on its $717 million SEC-registered IPO and NYSE listing (2019), Majorel Group Luxembourg S.A. (Luxembourg) on its 759 million Rule 144A/Reg S IPO, private placement and Euronext Amsterdam listing (2021), The underwriters for Nuix Limited (Australia) on its A$953 million Rule 144A/Reg S IPO and ASX listing (2020), The underwriters for ON24, Inc. (U.S.) on its $492.3 million SEC-registered IPO and NYSE listing (2021), The underwriters for Shenzhen Hepalink Pharmaceutical Group Co., Ltd. (China) on its $523 million Rule 144A/Reg S IPO and HKSE listing (2020) (the largest Hong Kong healthcare IPO of the year), The underwriters for Siemens Healthineers (Germany) on its 4.2 billion Rule 144A/Reg S IPO and FWB listing (2018) (the largest European IPO of the year), SoftBank Corporation (Japan) on its 2.65 trillion Rule 144A/Reg S IPO and TSE listing (2018) (the third-largest IPO in the world), Stellantis N.V. (Netherlands) on the listing of its shares on Euronext Paris, and supplemental listing on Borsa Italiana and NYSE, resulting from the merger between FCA and Peugeot (2021), The underwriters for Toast, Inc. (U.S.) on its $1.0 billion SEC-registered IPO and NYSE listing (2021), The underwriters for Unity Software Inc. (U.S.) on its $1.495 billion SEC-registered IPO and NYSE listing (2020), XPeng Inc. (China) on its $1.8 billion Reg S Hong Kong IPO, U.S. offering and HKSE listing (2021), The underwriters for ZIM Integrated Shipping Services Ltd. (Israel) on its $217.5 million SEC-registered IPO and NYSE listing (2021), $1.6 billion SEC-registered secondary sale of shares of Elanco Animal Health (2020), 3.0 billion Rule 144A/Reg S offering of shares (2018). Participants in the summer vacation scheme are paid 750 per week. The underwriters for Equitable Holdings, Inc. (U.S.) on its: $300 million SEC-registered offering of depositary shares (2021), $500 million SEC-registered offering of depositary shares (2020), $5.0 billion aggregate total of three SEC-registered offerings of common stock (2019), $2.7 billion SEC-registered secondary offering of common stock and $589 million repurchase of common stock (2021), $2.7 billion aggregate total of two SEC-registered secondary offerings of common stock (2020), Intercontinental Exchange Inc. (ICE) (U.S.) on its $899.7 million and $920 million SEC-registered secondary offerings of common stock in connection with ICEs acquisition of Ellie Mae, Inc. (2020), International Consolidated Airlines Group (U.K.) on its 2.74 billion Reg S offering of common shares (2020), series of transactions to further monetize its stake in T-Mobile US (2021), series of transactions totaling $20 billion to monetize a majority of its holdings in T-Mobile US (2020), 1.2 trillion Reg S offering of common stock by SoftBank Corp. (2020), $1.25 billion SEC-registered offering of common stock (2021), $1.0 billion SEC-registered offering of depositary shares (2021), $1.15 billion SEC-registered offering of shares (2021), $750 million SEC-registered offering of depositary shares (2021), $350 million SEC-registered offering of depositary shares (2019), The underwriters for QuantumScape Corporation (U.S.) on its $478.4 million SEC-registered follow-on offering of common stock (2021), WiseTech Global Limited (Australia) on its $213.66 million Rule 144A/Reg S offering of ordinary shares (2019), AMC Networks Inc. (U.S.) on its $1.0 billion SEC-registered offering of high-yield notes (2021). Unlike other firms, we generally don't have formal practices focused on specific sectors, but our sector capabilities are integrated within each of our core practice areas. I ask because of their low Vault ranking this year. Send an email with CV and Cover Letter, then it invited me to an interview in around a week. And I'm sure that that this will continue as we navigate the new global uncertainties over the coming year. 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. Be the first to find this interview helpful. We've had trainees for almost a decade, but one of the things that we believe has helped make our trainee programme successful is that we're always making refinements and improvements to what we can offer our trainees. As a firm, we advised on more than $660 billion worth of M&A deals worldwide during 2021, more than any other law firm, in what was a record year for M&A deals as a whole. Take it from this source who was able to see the entire lifecycle of an M&A deal from a competition perspective, from being asked about potential issues, to an in-depth analysis, to prepping filings for antitrust authorities, to responding to follow-up queries from the authorities. In person interviews 30 minutes each with a variety of attorneys. And that takes me onto the second growth area. Main areas of work Screener interview, followed by final round interviews. 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. We will offer our trainees the opportunity to do superior work, meet exceptional people and grow in a supportive culture. 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. Applications accepted from 1 November 2022 through 13 January 2023. S&Cs finance and restructuring offering spans project finance and leveraged finance (and related restructuring work). This is currently 400 per week in London and 300 per week in Birmingham, Exeter and Manchester. But every trainee who is finishing their training contract in 2022 has gone on a secondment with a client based in London, and those secondments have been extremely beneficial for the trainees who've had the opportunity to develop skills and experience in a different environment, as well as for the clients, who've been extremely appreciative of the contribution that those trainees have been making during those secondments. 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. All pages were removed from your binder. And I think there was a strong consensus from most of the law firms that were consulted to keep it at two years. What was an experience where you felt challenged? 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. 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. Candidates for the vacation scheme go through the same process of CV, covering letter and interview session as direct applicants for the training contract. Trainees start on 60,000 (up 5,000 form last year) and as an NQ, youll find the firm is driven to match the New York compensation, though it doesnt disclose the exact figure. 1 New Fetter Lane, London, EC4A 1AN Website www.sullcrom.com. Please adjust your search and try again. Interview. The people interviewing me were very nice as well, and I left feeling confident. Youre not going to be caught by surprise, but I always have my phone near me in case something comes up. Another factor that may bring comfort is the firms generous compensation package. Visit the firm's graduate recruitment page. 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. During the early stages of those discussions, one of the things that the SRA consulted on was whether there needed to be mandatory work experience, what they now call qualifying work experience, at all and, if so, what the duration should be. 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. We ask for a full percentage breakdown of academic results right the way through. The firm handles high profile work such as complex mergers and acquisitions, securities litigation, and white . Those are all performing similarly well in London and also globally. We expect to offer approximately eight to ten places on our 2023 summer vacation scheme. 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. But there's an increased focus on ESG matters, and we expect that focus to continue to increase. Sullivan & Cromwell Vacation Scheme Interview Questions Updated Aug 15, 2020 Search job titles Find Interviews Filter To filter interviews, Sign Inor Register. 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. The Firm also advises clients on significant cross-border transactions in the rest of Asia and elsewhere in the world. We aim to have a good balance between work and social activities. Vac schemers get the generous sum of 750 a week for their trouble, as well as being considered for a training contract. Whether a client is looking to raise equity, issue debt, construct a hybrid offering or conduct an IPO, our depth of experience and understanding of our client's business objectives enable us to develop optimal strategies at each step of the transaction. The process took 2 months. Established in 1992, Sullivan & Cromwell's Hong Kong office serves as a strategic point for significant transactions that involve Greater China and Asia Pacific companies or assets. You will be supervised in each seat by a partner who is a leader in his or her field, along with other senior lawyers.