Recently, Trainees have completed seats in our core industry sectors of shipping, commodities, energy, insurance, logistics, mining and aerospace, as well as seats in EU/competition and regulatory; corporate; financial services regulation; fraud and insolvency, and commercial.
You will work with market-leading clients on high profile, often precedent-setting cases. Trainees gain experience of both litigation and non-contentious work. Non-contentious work can involve, for example, working on the financing arrangements for a new fleet of ships or an aircraft; buying and selling a company; or working on the insurance aspects of a corporate deal.
HFW's London aviation team was appointed to represent the lead insurers in relation to the high profile Vauxhall helicopter crash in January 2013, in which two people were killed when an Agusta 109 on route from Redhill Aerodrome to Elstree struck a crane in central London. Our lawyers have also been involved in responding to enquiries in relation to the various investigations and seeking to settle claims.
A combined team of commodities, corporate and competition lawyers worked on this high profile transaction, which brings together two highly regarded companies focused on the sourcing and supply of cocoa, coffee and sugar on a global basis. The deal received significant press coverage and our work was praised by the CFO of Ecom Agroindustrial Corp Ltd, Mark Dendle, who commented: "I have been involved in dozens of transactions during my career and this is one of the quickest I have seen to completion. I have been most impressed with the HFW team, whose combined team of commodities, corporate and competition lawyers has shown real commercial savvy and demonstrated impressive speed of action, responsiveness and intelligence in their approach to this deal.”
The London Array (off the UK's Kent coast) is the largest offshore wind farm in the world and is made up of 175 turbines (capable of generating 630MW of power - enough energy to power nearly half a million UK homes). Our construction team acted for the contractor on the contract for the design and installation of monopiles and transition pieces which make up the foundations for the London Array. As well as the construction contract, we have provided ongoing project management advice to the 'live' project, including in relation to various disputes arising between the contractor and the employer, and between the contractor and its subcontractors.
Our team of energy lawyers continues to advise the Hellenic Republic Asset Development Fund in an international counsel role on the M&A aspects of the privatisation of the Greek gas trading, distribution and transmission companies that comprise the DEPA Group (effectively the Greek equivalent of pre-privatisation of British Gas and the National Grid). In 2010, the DEPA Group announced sales of €1.22 billion. A 66% stake in DESFA (the gas transmission grid operator) has been agreed to be sold to SOCAR, the state oil company of Azerbaijan for €400 million. This privatisation takes place in the context of the Greek government’s programme of privatisations designed to raise €50 billion by 2015, in order to alleviate the debt burden resulting from the economic crisis.
We have an international team of lawyers advising Abu Dhabi Commercial Bank PJSE (ADCB) on a matter which is among the largest – with potential claims of approx. US$600 million – and most complex fraud cases in the financial services field currently ongoing anywhere in the world, and which has received enormous amounts of press coverage worldwide. The case arose as a result of the loan of money by ADCB to various corporate conglomerates. In 2009, these loans ran into difficulties as the borrowers defaulted. The conglomerates had also borrowed from 118 other local, regional and international banks. It is submitted by many of the banks that the loans that are now in default were obtained via the use of false signatures. HFW was instructed to bring actions in the UK, UAE and Saudi Arabia, as well as to identify assets against which future judgments may be enforced, and other work has been ongoing in the Cayman Islands and the US. We have already been successful in recovering a considerable amount of money for our client.
HFW acts for many of the major insurance buyers and sellers in international markets, focusing on high-value, multi-layered cross-border insurance and reinsurance matters, both contentious and non-contentious. The team has also built an outstanding reputation advising major international insurers on claims arsing from both man-made and natural catastrophes on a global basis. These have had a significant impact on the insurance and reinsurance industry in recent years. HFW's international insurance and reinsurance team has been closely involved in advising on claims arising from these catastrophic events, including the Queensland floods of 2008 and 2010/2011; the Victorian bushfires of 2009; Christchurch and Japanese earthquakes; Thai Floods; Hurricane Katrina; the riots in Pakistan following the assassination of Benazir Bhutto; and the World Trade Centre terrorist attack.
Our team of logistics specialists won a landmark decision during the height of the financial crisis when high street retail insolvencies were a common occurrence. Liens, which give rights over a debtor’s property when in the possession of a creditor, became headline news with the Re La Senza case. The administrators for La Senza had initially demanded that Uniserve, who handled the carriage of goods bought from overseas by La Senza, deliver up goods with a value of about £2.2 million, without an indemnity for third-party claims or the immediate payment of Uniserve’s charges. However, the ruling gave Uniserve permission to enforce its general lien and sell La Senza’s goods in accordance with its terms and conditions. Uniserve's MD praised the work of the HFW team and commented: "HFW did an excellent job to defend Uniserve against the unnecessary challenge by the administrators on Uniserve's legitimate legal position."
A team of corporate and mining specialists acted for ReCapital Investment Group on the sale of its 13% stake in mining firm Bumi plc with a market value of over £90 million. The transaction was part of a highly controversial proxy battle for control of the plc and we were the lead advisers on the transaction. The stake was sold to two separate investment funds and a company (Flaming Luck Investments) owned by Hary Tanoesoedibjo, one of Indonesia’s richest investors. In addition to the size of the transaction, it was also notable for the tight timescale under which we operated. Key to the sale were HFW's submissions to and meetings with the UK Takeover Panel, and obtaining its consent to each of the individual sales. Our integrated international HFW team worked with the many interests involved in Bumi plc to secure the Takeover Panel's approval.
A multi-jurisdictional team from Hong Kong, Brussels and London advised COSCO, one of the world's largest shipping groups, in relation to the proposed expansion of Pier III of the Piraeus container terminal in Greece. Following an international tender run by the Greek government in 2008, COSCO Pacific Limited won the right to construct and operate Pier II and the eastern part of Pier III of the Piraeus container terminal for a 35-year period. The right is provided through a concession agreement entered into between COSCO Pacific, its subsidiary Piraeus Container Terminal SA (PCT) and the Piraeus Port Authority SA. Subject to approvals, the deal will enable PCT to construct the western part of Pier III, and further develop Pier II at an estimated overall cost of €230m. It will also construct a new oil jetty on the southern part of Pier III on behalf of Piraeus Port Authority.
Within the shipping industry, one of the largest risks now faced by an owner and their P&I insurers is the cost of wreck removal in the event a vessel is involved in a serious casualty. The BALTIC ACE was a Bahamian-flagged car carrier that sank in the North Sea in December 2012 following a catastrophic collision in the North Sea with CORVUS J, a container ship. Following the collision, the vessel sank with the unfortunate loss of 11 crew members and the ship's cargo of cars. This is a high value matter, and an HFW team has been acting for the owners of BALTIC ACE since the incident occurred, dealing with complicated questions involving jurisdiction, limitation, oil pollution and wreck removal. During 2013, the team won an important point on jurisdiction, having set up a limitation fund in the Isle of Man (domicile of the BALTIC ACE owners). The lawyers for the opposing vessel challenged this and we successfully opposed this challenge before the Manx Court.
In recent years there has been growing awareness of the risk of collisions in space and the vulnerability of space systems to threats posed by space debris in particular. However, the risk of "interference" in its various forms is very real and yet has, by comparison, received little attention. Our market-leading space team has been chosen to advise on some of the largest insurance matters the industry has seen, including how to deal with all the latest issues relating to satellite jamming and hacking.
Our reputation as one of the world's leading shipping firm's carries through into the yacht sector, where we have adapted our commercial shipping expertise to the specific requirements of this market, where the ultimate customers are high net worth individuals and where issues of confidentiality are of paramount importance. In this particular matter, we assisted the owners of a 60 metre mega-yacht, which sank in the Aegean Sea, in relation to a claim against the hull underwriters.
In 2013, our travel team advised on a large number of airline clients what approach they should adopt in relation to flight delay claims following the major ECJ judgment on this issue in October 2012 and a more recent ECJ judgment in March 2013 relating to missed flight connections. Our work has also encompassed general strategic advice on airline obligations under the applicable EU legislation – Regulation 261/2004. This regulation contains very broad liabilities for airlines which have been expanded further by several high profile ECJ cases. It is therefore crucial for airlines to understand their obligations and to devise strategies for handling claims under this developing regime. The focus of our work has been on devising strategies to help our clients cope with these changes in the law, and also how to deal with possible new developments in the legislation, which is set to change over the coming months.
All of our Trainees complete one of their seats in one of our international offices, learning about the global aspect of our work. Working abroad also provides our Trainees with the opportunity to meet and work alongside our international clients. Recently, Trainees have completed seats in Geneva, Piraeus, Paris, Dubai, Hong Kong, Shanghai, Singapore, Melbourne and Perth.
Many of our Trainees choose to move abroad on qualification – in the last 2 years, NQs have relocated to a number of our international offices including Geneva, Singapore, Piraeus, Dubai and Hong Kong. This global perspective is nurtured throughout your career with our Associates spending time in international locations on secondment and making regular international business trips post- qualification. Indeed, the vast majority of our senior Partners have spent time working overseas during their careers, illustrating the international nature of a career with us.
When you join the firm you will have a comprehensive induction during which you will learn about the firm and our industry sectors, undertake training in time recording, and our IT systems and you will also complete the Professional Skills Course (PSC) which is a requirement for all Trainees.
During each of your seats you will be supervised by an experienced Associate or Partner and you will gain practical experience in our areas of work. You will have a mid-seat appraisal and an end of seat appraisal with your supervisor for each of your first year seats, and an end of seat appraisal for the seats that you complete during your second year. The appraisal process is designed to build on a culture of continued feedback, and to provide you with an idea of your strengths, weaknesses and goals for the remainder of each seat and going forwards.
Our aim with all Trainees is to help you to develop into the best and most rounded lawyer that you can be, so we encourage our Trainees to gain experience in a range of different industries and legal areas, both on transactional and contentious work. We take your seat preferences very seriously and you have regular meetings with the Graduate Recruitment Manager to discuss your seat choices and career aspirations. Each time that you change seats you are invited to submit a list of three seat preferences, and the firm does its best to allocate you to one of your preferred choices. If this is not possible, then you are given priority in the next seat allocation process. Most Trainees find that by the end of their training contact they have had a chance to experience at least one of their first-choice seats – and in many cases the number of first-choice seat allocations is higher. When it comes to allocating international seats, we consider your experience to-date, your motivations for wanting to complete a seat in your specified location and the business requirements of each office. Aside from Paris, where a working knowledge of French is essential, it is not necessary to speak a foreign language to complete a seat abroad.
We are committed to progressing and developing our Trainees and our NQ retention rate is one of the highest in the industry. Our recent retention rates have been consistently high – 85% (2016), 82% (2015), 89% (2014).
It goes without saying that you should enjoy a challenge, have an enthusiasm for the law and demonstrate a genuine commitment to working in an international environment.
Each year we recruit approximately 50% law and 50% non-law students. We recruit penultimate year law students (and beyond) and final year non-law students (and beyond).
Recent Trainees have studied subjects as diverse as music and engineering or, following graduation, have worked in areas as varied as the Lloyd’s market, retail, music and banking. We welcome people who are becoming lawyers as a second career.
Throughout our recruitment process we assess candidates on a "CV blind" basis. This is to help us to ensure that individuals are selected on merit alone, and details such as the name of the school/university that you attended do not form part of our selection criteria. With this, we aim to remove unconscious bias from our selection process.
We are proud to be using the Rare Contextual Recruitment System. This means we will better understand your achievements, particularly if you narrowly fall short of our stated criteria. We also work with a number of organisations who share our passion for diversity, including Aspiring Solicitors.
Our recruitment process consists of an online application, an assessment centre, the vacation scheme (if applied for) and a final round Partner interview.
There is no typical Trainee. We are committed to recruiting Trainees from a wider range of backgrounds with differing perspectives and experiences, to reflect the diversity of our clients. Where our Trainees are alike is that they are all hard working, ambitious and globally minded.
We look for 340 UCAS points and a 2.1 degree obtained or predicted. We do consider mitigating circumstances.
Choosing the right firm for you is very important, and we know that talking to us directly and meeting our people will help you to make an informed decision. Come and meet us on campus, or attend one of our events to gain an deeper insight into our culture, our international network and the market-leading work that we do.