Staff Attorney

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 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 Corporate group, focusing their time on working with portfolio companies owned by Private Equity sponsors primarily in the UK, US and Europe. We are looking for one individual with 1 year's relevant post qualification experience in corporate, preferably 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) and preferably in a private equity practice group.

The successful candidate will have solid knowledge of Private Equity and be looking for an opportunity to move into a less transaction focused role within the private equity team. This is a exciting opportunity to act as a standalone business within our corporate private equity group, working closely with the deal team to manage our portfolio company relationships and ensure that the service they receive is top standard.

Duties will include:

  • Providing day-to-day legal advice on a variety of legal queries and corporate issues which arise in connection with portfolio companies, including implementing management equity plans, assisting with C-suite joiners and leavers and maintaining records and cap tables in connection with portfolio companies
  • Drafting all documentation in relation to the foregoing
  • Assistance in preparing the relevant companies for exit and bolt-on transactions, liaising with the deal team and ensuring company knowledge is shared seamlessly between teams
  • Regular communication with attorneys for all matters related to the portfolio companies covered.
  • Regular client communication, taking on the lead role in dealing with client requests on a day-to-day basis and in helping to build client relationships

Excellent written communication and drafting skills are required as well as the ability to demonstrate initiative.  You must poses the skills to take on a high degree of responsibility within a fast passed and friendly environment.  A first class academic record is essential.  You will be flexible as to the hours you work to meet client demands, but will not be expected to work on transactional matters regularly and so can expect to work fewer and more fixed hours, in a more flexible way, than a deal team member. 

Remuneration

As of 2020, 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.