Associate

Experience level: Junior Level
Term: Permanent
Working hours: Full-time
Department: Corporate (Private Equity)
Location: London
The department

Skadden advises private equity sponsors and their portfolio companies at all stages of the downstream investment cycle, including leverage buyouts, co-investments, management incentive plans, financings and refinancings, bolt-on investments, management change, recaps, corporate restructurings and exits.

Skadden also supports portfolio companies on legal issues that typically arise under private equity ownership and leveraged structures, with a particular focus on matters impacting the capital structure (including repatriation of equity from good / bad leavers and the issue of reserved equity to new joiners).

Skadden has been ranked as a leading law firm for private equity by IFLR1000 2020 and in the top tier for leveraged buyouts and private equity law by U.S. News — Best Lawyers Best Law Firms 2019. Our attorneys repeatedly have been listed as Leading Lawyers for private equity by Chambers Global, Chambers USA, Chambers Europe and Chambers UK.

Person Specification

The new hire will join the Private Equity team of the Corporate group, focusing their time on Private Equity transactions in the UK, Europe and globally.  We are looking for one individual with 6 months -1 years' relevant post qualification experience in a top tier private equity practice in the London market or experience in a similar common law jurisdiction (although those with less or more relevant experience will be considered on their merits).

The successful candidate will have trained and been retained at a top tier private equity practice in London and had exposure to the private equity team during their training contract. Experience of NDAs, engagement letters, disclosure letters, diligence reports and ancillary documents is expected. Excellent written communication and drafting skills are required as well as the ability to demonstrate initiative.  You must also possess the skills to take on a high degree of responsibility and manage a challenging work load within a fast paced and friendly environment. A first-class academic record is essential.

Remuneration

We pay generous rates and provide our lawyers with a highly competitive benefits package.  As of 2021, the package includes:

  • Discretionary year-end bonus
  • Technology allowance
  • 22 days holiday and 3 personal days
  • Enhanced maternity/paternity and parental leave
  • Private medical insurance
  • Permanent health insurance
  • Life assurance
  • Interest free season ticket loan
  • Gym allowance
Training and Development

Skadden has a sophisticated training programme that includes both in-house and external seminars and training sessions.  We also pride ourselves on providing our lawyers with "on-the-job" training and constructive "real-time" partner feedback.  The formal training programme includes:

  • Regular private equity team meetings
  • Regular corporate know-how meetings.
  • Weekly and monthly training seminars and workshops for all levels covering legal topics relevant to the firm’s practice areas and skills.  These are presented by partners and associates and external specialists, QC’s and other professionals.
  • Live video-links to seminars presented across Skadden’s network of offices.

Pro bono

Skadden strongly encourages its lawyers to assist, through pro bono work, those individuals

and groups unable to afford legal services. A number of pro-bono opportunities are also

available to our lawyers through our pro-bono programme.  We are affiliated to LawWorks, a

registered charity which supplies pro-bono projects to the firm.