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US law firm Crowell & Moring to recruit first London trainee

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Inaugural rookie will complete ‘non-rotational’ TC

US law firm Crowell & Moring is to take on its first trainee solicitor in London.

The Washington-headquartered firm confirmed it will recruit one rookie to start in January 2021, with plans to hire more in the future as part of a wider strategy to strengthen its presence in the City.

Crowell first revealed its City TC ambitions early last year, however details regarding the number of trainees the firm hoped to take on, and what they could expect in the way of remuneration, remained unknown until now.

The successful candidate will undertake a ‘non-rotational’ training contract similar to that on offer at fellow US player Jones Day. Instead of spending a set amount of time in a specific department (more commonly known as the ‘seat system’), Crowell’s rookie will be exposed to a broad range of specialisms including arbitration, corporate, finance and international trade, through a more flexible approach.

The 2020 Legal Cheek Firms Most List

“Starting a solicitor training programme is another exciting step on our journey toward building the London office,” Robert Weekes, London managing partner told Legal Cheek. “It has always been part of our strategic plans and we have now reached the right point in our development to bring this to life.”

The UK trainee will start on a salary of £45,000, the same five-figure sum on offer at the likes of Freshfields, Dechert and Herbert Smith Freehills, according to our Firms Most List. Newly-qualified (NQ) solicitor pay will sit at £84,000.

Weekes continued: “The new initiative gives us the opportunity to bring on-board new talent and, just as importantly, allows the successful individual to play their part in our plans and ambitions for the future. This is not a one-off opportunity: we see this graduate scheme as playing a key role in growing our team in the years to come.”

The firm says it will now host two webinars next month for potential applicants to learn more about they can expect from the training contract.

27 Comments

LLB

Rank the top 5 firms in London for private equity work?

(0)(1)

Ello

Weil
CC
Latham
Kirks
Freshies

Can find this easily on legal 500 amongst other sources. Also depends what level of PE we talking about, I presume you mean the high value transactions.

(6)(8)

anonan

Are Weil still #1 in London for PE?

(4)(7)

Essex Lad

Are you really suggesting that “Weil” is more highly regarded than Kirkland? You better have some serious evidence to back up that ludicrous assertion?

(7)(13)

Anon

The top firms for private equity are unquestionably CC and K&E. CC is favoured for higher value PE. Legalweek posted an article with the stats etc. on this recently, including comments from the top PE firms.

(5)(1)

True ranking

HSF
King & Wood
Mills & Reeve
QMUL
Burger King

(24)(1)

East London Lad

Big up QMUL. top top titan

(0)(0)

NQ

1. K&E
2. Latham
3. FF
4. Weil
5. CC

(4)(3)

Anon

CC is favoured over K&E for higher value, which is what I assume we’d be looking at here. Putting them 5th shows you don’t understand the market.

(6)(6)

Anonymous

What’s your data? Pretty sure the highest value PE deals in Europe over the last 6-12 months are Galderma, Inmarsat, iQ, Merlin, Sophos and Thyssenkrupp and Kirkland acted for the sponsors on every sinlge one of them.

(8)(0)

Reality Check to the CC Troll

This thread is particularly ripe with awful information, even for LC comments.

CC do not even feature in the top 10 for Global PE Deal Value (mergermarket 2019). To suggest CC is the best at ‘high value’ PE is one of the most misguided things I’ve read on this platform.

Kirkland and Latham are the best (empirical evidence is there, just look for it yourself instead of relying on these comments).

Next would be the likes of Simpson Thatcher and Weil etc. The only MC firm worth mentioning in this area would be FF. CC’s PE team have really gone to **** in the past 10 years.

(4)(2)

J

“1 is the loneliest number…🎵“

(7)(1)

Legal 500

Their website says NQ is £84k.

(3)(0)

LegRec

Decent whack for a totally obscure bucketshop with ten lawyers working in their London office.

(7)(1)

anon

https://www.vault.com/company-profiles/law/crowell-moring-llp not that obscure pal. Pays more than CMS…

(1)(1)

Sigh

You asked for top 5 firms in PE which I listed not whether which is higher than another. Weil is one of the best in the world for what it does in PE, know your stats and do your research.

(2)(2)

The truth

K&E is king at PE, Weil and CC are vying for the prince title *mike drop*

At the end of the day you’ll be doing high value PE work in each if your even lucky enough to get in, given the competition.

(7)(1)

Anon

CC are better for high value PE than K&E. This is a comment from the PE firms, not my opinion.

(0)(8)

Anon

Top 5 non-US firms for PE?

(0)(0)

Anon

CC

(0)(0)

Chet

There are none. PE is a Yank’s game.

(6)(0)

Anon

Kirkland by a country mile.

(2)(1)

Anonymous

CC, FBD, Macs, TS

(4)(0)

truthsiren

Obscure shop, never heard of them or saw them on the opposite side of a deal. Make-believe firm.

(6)(2)

Anon

Why do you people rank law firms like it matters or anyone cares? Since when has being at a marginally better or worse law firm earning marginally more or less money doing glorified administration made anyone happy or fulfilled? What a joke. Look at yourselves.

(33)(0)

Anon

That is so true. Solicitors are glorified paralegals. If you do corporate work, you never encounter the law and just cobble together boilerplate documents. If you are in litigation, you delegate all the legal analysis, drafting and advocacy to counsel.

So stop getting worked up about prestige of firms. There really is no prestige in what solicitors do.

(7)(2)

anon

It is true. People will waste so much time and emotional energy on nonsense just for a bit of cash to buy stuff they don’t want or need.

REVOLUTION.

(5)(0)

Comments are closed.

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