The Legal Cheek View
3VB is a leading commercial set, with particular strengths in banking, financial litigation, dispute resolution, international arbitration, and public international law. Its 102 tenants, 35 of whom are KCs, also handle professional negligence, commercial chancery, and information technology, among other areas. While the public international law practice continues to grow year on year, banking and finance remains the heartbeat of the set. For those who want banking law as their bread and butter, there is a generous award of £90,000 on offer for up to five competitive pupillage places.
A heavyweight set with cases involving figures in the billions, 3VB’s barristers provide specialist advice and advocacy services both domestically and worldwide. Members have appeared in the Cayman Islands, Dubai, Cyprus, and Abu Dhabi, among other far-flung destinations.
Tenants describe taking on “top flight international commercial and banking work” with “lots of legally complex problems, interesting facts, and challenging clients.” One member gives a flavour of the typical caseload: “I am working on the most high-profile and complex cases — NOx emissions super-GLO litigation, arbitration related to the collapse of Dubai healthcare companies as part of a counsel team, alongside cases of my own. No two cases are the same, and the legal issues are often both novel and complex.”
Members of 3VB have long been at the forefront of landmark banking and financial disputes, and that position shows no sign of changing. Historically, the set has been involved in some of the most significant financial litigation of recent decades, including the Supreme Court bank charges test case on the lawfulness of overdraft fees under consumer law, the wave of PPI and interest rate hedging mis-selling disputes, and the Parliamentary Commission on Banking Standards following the LIBOR scandal and the collapse of HBOS during the financial crisis. Add to that major shareholder and banking claims worth billions, cases concerning alleged foreign exchange manipulation, and proceedings arising from the collapse of Lehman Brothers and the Icelandic banks, as well as landmark Supreme Court disputes concerning pandemic business interruption insurance. This is a set deeply embedded in the most consequential financial disputes of modern times. That standing is further underlined by the fact that the latest edition of the leading banking law textbook in the UK was written and edited almost exclusively by members of 3VB, reflecting the set’s influence not just in the courtroom but in shaping the law itself.
That pedigree continues in more recent work. Andrew Onslow KC and James McWilliams represented Clifford Chance in the Court of Appeal in proceedings against French finance giant Société Générale, involving complex issues of jurisdiction and alleged negligence in earlier litigation. Separately, 3VB barristers are playing a significant role in the sprawling Dieselgate group litigation, one of the largest cases of its kind in England and Wales.
On the international front, 3VB has also cemented its position as a go-to set for heavyweight public international law disputes, regularly acting for states and multinational clients before the world’s leading courts and tribunals. Members have appeared before the International Court of Justice, including in the high-profile Allegations of Genocide case between Ukraine and Russia, as well as before the International Tribunal for the Law of the Sea in landmark climate change advisory proceedings brought by small island states. The set is equally active in investor-state arbitration, with barristers acting in multibillion-dollar disputes such as the Yukos litigation and in enforcement battles arising from major ICSID awards. It is a practice that sits naturally alongside chambers’ commercial strengths, combining technical financial expertise with a truly global disputes footprint.
Rounding out the picture, 3VB also has its own International Advisory and Dispute Resolution Unit, launched in 2019, to support members providing pro bono and quasi pro bono services in the international arena.
For juniors, the work is “extremely challenging, but very diverse.” The reality at the junior end is a varied diet, with work ranging from led to unled and from high-value to more routine matters. As one junior notes, how stimulating the work is depends heavily on what you are doing at any given moment, with the gap between “arguing a new point of law versus document review” illustrating the range. The big, complex cases are undeniably appealing, but work of that nature, which tends to involve being led by a KC, inevitably means junior barristers “spending limited time on their feet.” There are, however, real opportunities for advocacy in smaller county court matters at the junior end.
The quality of work at 3VB does come with pressures attached. Insiders acknowledge that “work is unpredictable and can be very stressful”, but there is also “a huge amount of respect for holiday — if you say you are not around, that will never be called into question by practice managers.” Another source notes that “the commercial bar is busy, but the clerks are particularly mindful in ensuring that juniors are not overworked.” Ultimately, the message from insiders is that “3VB lets you develop the style and intensity of practice that each member wants.”
The set also ensures that juniors are not thrown in at the deep end without support. Throughout pupillage, pupils receive “invaluable” and “very practical” training with “helpful feedback.” Expect regular advocacy sessions, introductory seminars across different areas of law, and a wide variety of pupil supervisors to sit with. Senior silks are also said to be consistently available when support is needed.
The “collegiate atmosphere” and “open door policy from the top silks to the baby juniors” are warmly praised by tenants. One insider recalls an evening when he was pacing the 3VB corridors thinking through a case, and one of the set’s KCs spotted him and invited him to talk it through. “Hours later at 10pm we were in his room debating the point and pulling out authorities together. It was immeasurably helpful and hugely generous.” It is the kind of anecdote that tells you a great deal about the culture of a place.
Additional support comes in the form of monthly one-to-one wellbeing sessions with a professional counsellor, frequent internal talks and seminars on wellbeing, and a generous flexible working policy. The set also has an extensive parental leave policy covering chambers rent, expenses, and the support available before, during, and after leave.
Outside of work, there is a “good rapport” among tenants, with the junior end described as “very collegial” and offering plenty of opportunities for informal coffee or drinks. Larger events are organised on a regular basis, including the annual summer and Christmas parties, cheese tastings, and regular breakfasts, lunches, and afternoon teas put on by the set. One source describes the broader culture: “The juniors organise drinks with the pupils and new tenants, and this camaraderie continues up through chambers. Our CSR committee also organises regular social events and talks to bring members of chambers together. In terms of support, there is an open door policy such that you can ask any member a question, and new tenants choose a mentor to help them in the early years.”
3VB’s buildings overlook the peaceful Gray’s Inn Gardens, giving tenants some of the most pleasant thinking spaces in legal London. The period buildings, currently undergoing a full refurbishment, offer what tenants describe as “a modern workspace with an old-world charm”, and facilities have improved considerably since the works began. Rookies highlight the “good-sized to very large” individual rooms, which can be “decorated to personal specification”, with the assurance that “everyone who wants one has their own room.” One tenant does note the somewhat old-fashioned internal layout, with many staircases to navigate throughout the building.
Tenants also praise the “excellent facilities for meetings and great support staff for IT, billing, and facilities management.” The tech team is described as “top notch” and “able to deal with everything from international calls to setting up remote hearings”, with chambers fully integrated so that working from home is said to be “seamless.”
3VB offers up to five pupillages per year, each carrying an award of £90,000. Successful applicants will sit with four supervisors for three months each, as well as working for other members of chambers. Pupils help draft statements of case, complete legal research, write advice, and attend conferences, hearings, and trials. One recent pupil described the year as “stressful” but said “you learn from the best.” Pupils also take part in advocacy exercises and receive feedback from the set’s KCs, all of whom are qualified advocacy trainers for their Inns. By the end of pupillage, pupils undertake a limited amount of advocacy on their own account, giving them a foundation of real experience to build from. The set is clear that pupils should expect to work hard at times, but are not normally expected to regularly work late into evenings or weekends.
Prospective pupils must complete an assessed two-day mini-pupillage at 3VB before applying. Applications are then made through the Pupillage Gateway. Around 35 to 40 of the highest-scoring applicants, assessed on their paper application and mini-pupillage, progress to a first-round interview: a 15-minute discussion with a panel of interviewers covering the candidate’s application and a law-related question designed to test analytical ability, oral advocacy, and the capacity to think on their feet. The top 15 candidates are then invited to a second-round interview, at which they attend chambers two hours in advance and are given a legal problem to prepare under controlled conditions. The 30-minute interview focuses on that problem alongside more general questions.
3VB seeks candidates with high intellectual and analytical ability, strong written and oral communication skills, sound temperament, commercial awareness, and clear motivation. The set is explicit that “members of chambers come from diverse backgrounds and have taken many different routes to the Bar.” In support of that commitment, 3VB participates in COMBAR’s annual mentoring scheme for applicants from under-represented groups, and is a founding partner of social mobility charity Bridging the Bar.