Job description

Requirements

  • Entry level
  • No Education
  • Salary to negotiate
  • London

Description

Our People and Reward department advises on all aspects of contentious and non-contentious employment, pensions and benefits law, on a national and multi-jurisdictional basis. The team consists of 22 partners and approximately 100 lawyers worldwide in Europe, Asia and the US, advising clients on some of the most strategic and reputationally sensitive matters. The team works closely with other departments within the firm, providing them with specialist advice and input for projects they are managing.


Qualifications


Role Purpose


This role will be part of the pensions team which sits within the People and Reward department in London. The pensions team has a broad practice, and the associate will have the opportunity to gain broad experience and learn from an experienced, well regarded and close-knit team. This will include:

General legal and regulatory advice to trustees, employers and financial institutions on defined benefit and defined contribution schemes

Pension aspects of transactions and restructurings including regular interaction with The Pensions Regulator

Advice on managing scheme funding including, bespoke funding structures, asset backed contributions, reservoir trusts, guarantees and security arrangements

Advice on de-risking and liability management, investment buy-ins and buy-outs, longevity swaps, bulk transfers, pension increase exchanges, commutation exercises and benefit redesign;

Acting for employers and trustees in complex pensions disputes, including the Pensions Regulator’s powers to make third parties liable for funding deficits and intervene in funding negotiations pensions aspects of corporate and finance transactions, public and private M&A, capital raisings and restructurings, including on an international basis.


Key responsibilities and deliverables


This role will be part of the pensions team which sits within the People and Reward department in London. The pensions team has a broad practice, and the associate will have the opportunity to gain broad experience and learn from an experienced, well regarded and close-knit team. This will include:

General legal and regulatory advice to trustees, employers and financial institutions on defined benefit and defined contribution schemes

Pension aspects of transactions and restructurings including regular interaction with The Pensions Regulator

Advice on managing scheme funding including, bespoke funding structures, asset backed contributions, reservoir trusts, guarantees and security arrangements

Advice on de-risking and liability management, investment buy-ins and buy-outs, longevity swaps, bulk transfers, pension increase exchanges, commutation exercises and benefit redesign;

Acting for employers and trustees in complex pensions disputes, including the Pensions Regulator’s powers to make third parties liable for funding deficits and intervene in funding negotiations pensions aspects of corporate and finance transactions, public and private M&A, capital raisings and restructurings, including on an international basis.


Key Requirements


Intellectually strong, with top class academics

Qualified lawyer, likely to have at least 2 years post qualification experience

A strong technical and commercial background, with the ability to apply this to the needs of the firm’s clients

Previous experience gained within a large, international law firm noted for its pensions expertise is essential

A willingness to actively be involved in business development activity

A positive role model and team player, who will actively share knowledge and contribute to the development of the practice


Competencies


Technical skills: has a good grasp of legal principles within the practice area, and has the ability to draft complex legal documents clearly, succinctly and in plain English.

Client relationships: considers what the client wants and is committed to delivering top class service whilst looking for opportunities to build relationships with clients.

Business advisor: is able to provide solutions that meet the needs of the client, identify key elements of problems, undertake research and apply legal knowledge to offer practical solutions whilst developing own knowledge and understanding of the client’s business, priorities and challenges.

People and team: able to work effectively as part of a team (including seeking feedback to improve own performance) as well as attending training, and building relationships across the firm, including supporting diversity, corporate responsibility and other firm programmes.

Project management: able to manage own areas of responsibility on a project, including time, available resources and the expectations of others in order to meet deadlines.

Business development: is curious about clients’ business/industries, willing to develop own knowledge of the different services offered by the firm, as well as supporting senior colleagues in business development activities, including preparin