Ahead of the next day’s event, ‘Inside Track: How to make it as a City attorney’, Mayer Brown senior accomplice Sarah Rochelle explains what commercial consciousness absolutely means
As a senior partner in Mayer Brown’s actual property team, Sarah Rochelle is a totally busy person. Last week, whilst she wasn’t assisting to put together cloth for a consumer pitch, attending meetings with customers, operating on some of the transactions and attending the firm’s summer birthday celebration, Rochelle changed into darting between vac scheme meet-and-greets, tasks aimed toward tackling boundaries going through lady attorneys, and, of course, speakme to the Legal Cheek Careers team ahead of the following day’s panel occasion, ‘Inside Track: How to make it as a City attorney’. “And that is a quiet week,” Rochelle says, checking her calendar.
As an actual property legal professional, Rochelle oversees numerous assets tasks without delay, many of that have international traders placed in varying time zones. Much to her leisure, those offers often involve landmarks visible from the City’s skyline — Mayer Brown, as an instance, acts for the proprietors of The Shard and suggested on the purchase of the so-referred to as ‘Walkie-Talkie’ and the sale of the ‘Cheesegrater’ homes.
Despite dealing with very bricks-and-mortar matters every day, Rochelle began by studying English literature. Knowing she would later convert to regulation, the then University of Exeter undergrad selected to study something she “simply enjoyed”. Still, her undergrad experience analyzing and distilling massive volumes into easy factors proved beneficial to the record-heavy responsibilities of a transactional attorney.
After completing the Graduate Diploma in Law (GDL) and Legal Practice Course (LPC) at BPP University Law School, Rochelle started a schooling agreement at Jeffrey Green Russell (now Ince Gordon Dadds), then a medium-sized company based totally in London’s West End. Rotating between the firm’s litigation, corporate and real estate groups, the budding trainee changed into soon attracted to transactional over contentious paintings.
Rochelle makes the statement that in litigation the parties input it with opposite goals. By assessment, events to a transaction normally begin with the identical aim: final the deal. Plus, litigation can be a long recreation, as Rochelle explains:
“In a few cases, litigation can pass on for years — you can be running on fewer matters, however, they’ll pass on for a while. Whereas maximum transactional topics could have a shorter time frame.”
Rochelle qualified into the actual estate which, despite the fact that the sector changed into nonetheless reeling from the monetary disaster that had rocked the financial system, become in step with her previous actual property paralegalling revel in after regulation faculty.
Shortly after qualifying, Rochelle moved to international mega-company Dentons. After Dentons, Rochelle moved to international outfit Herbert Smith Freehills (HSF) earlier than eventually arriving at Mayer Brown ultimate yr. Although no longer a ways in terms of bodily distance — with the corporations all situated within the London’s City district — every circulate amounted to an extensive career bounce matched by way of exposure to increasingly more big-scale projects. At Dentons, Rochelle was put on secondment to multinational hospitality employer, Hilton. At HSF, she labored at the Thames Tideway tunnel, higher referred to as London’s ‘top notch-sewer’, which, in 2015, was the biggest infrastructure assignment in Europe.
Much to her enjoyment, Mayer Brown’s near-knit workplace tradition offers legal professionals more arms-on duty in managing incoming trainees and running on the company’s social mobility initiatives. Rochelle has also experienced first-hand how crew length impacts your work. The firm’s smaller trainee intake and condensed group size approach extra possibilities for talented legal professionals to be visible.
Involved inside the company’s excursion scheme interview method, one query Rochelle regularly puts to applicants is: “What is industrial cognizance and how do you stay commercially aware?” According to Rochelle:
“Here we’re checking out not only recognition of cutting-edge deals, transactions, and problems within the commercial enterprise international, but also information of the enterprise surroundings and the operational grid under which enterprise is carried out on each day foundation. A hit legal professional need to be capable of putting into attitude how their legal advice will have an effect on the workings of commerce around the arena in fashionable and for his or her purchaser especially. The flexibility to conform to industrial acumen is prime to the achievement of a City attorney at a top firm.”
For any aspiring City lawyer hoping to electrify, amplify your research past the apparent. “At the moment, you could tell humans have brushed upon on Brexit as they assume they’ll be quizzed in this,” Rochelle famous. Despite its predicted effect that Brexit may additionally have on the United Kingdom’s markets, there are different news gadgets which can also have an impact on the financial system too. She factors to HS2 for example.
Sarah Rochelle may be speakme alongside attorneys from Baker McKenzie, Hogan Lovells, PRIME (Linklaters) and BPP University Law School at ‘Inside Track: How to grow to be a City lawyer’, tomorrow (Wednesday 10 July) at BPP University Law School in Holborn, imperative London. You can practice attending the event, that is our very last London event before the give up of July schooling settlement closing date, now.