Allen & Overy is an international 'Magic Circle' law firm providing legal services for global business and industry.
With over 5,000 people working in 42 major financial centres in 29 countries, and more than half of these outside the UK, Allen & Overy is a truly global firm. Allen & Overy lawyers come from all five continents and bring with them a wealth of experience, perspectives and languages and regularly meet to share knowledge and train together.
Your training will be a combination of three and six month rotations (known as 'seats') where you will sit with a partner or associate. Soon after you start your training contract you'll meet with the HR Manager for Trainees, to create a 'seat' plan tailored to your interests. There will be opportunities to explore the possibilities of international or client secondments.
You will also nominate a "priority seat" which should ensure you'll gain experience in that department. You will spend at least twelve months of your training contract gaining experience in at least two of Allen & Overy's core practice areas: Banking, Corporate and International Capital Markets.
Allen & Overy wants you to succeed and develop a long-term career with them. Retention rates on qualification - on average 72% - reflect this. In your second year as a trainee your salary will increase to £44,000 and upon qualification you'll receive £61,500. Usually Allen & Overy associates will have been with the firm as associates for six or seven years before being considered for partnership.