Jones Day
Jones Day is a true heavyweight, with its sizeable glove taking jabs at most major areas of law. With 2,500 lawyers and 37 offices across five continents, Jones Day is one of the largest law firms in the world and amongst the highest-grossing in the US. The firm’s London lawyers, of whom 98% are UK qualified, boast a globally recognised M&A practice.
Pros
- Has a unique (non-rotational) training programme where trainees choose and seek out their own work
- You can work for any department at any time
- Informal and friendly atmosphere with great trainee solidarity
- Everyone has their own office in London, including trainees
Cons
- Expect to be thrown in the deep end
- Lack of communication on firm-wide decisions, although the firm is currently addressing this
- Promotion can be slow
- Will primarily suit those who are pro-active and prepared to seek out their own work from different departments and manage their own workload
Jones Day Careers
Training Contract: We are looking to recruit people who want to work on global deals and be challenged on an international level. We are also looking for potential partners of the future, not just candidates who will qualify with us: around half our London partners trained with the Firm. Successful candidates have either a law or non-law degree; strong intellectual ability and good communication skills; and demonstrate resourcefulness, drive and dedication. Candidates should have obtained or be predicted at least a 2.1 degree in any discipline. The Firm operates a unique, non-rotational system of training which is designed to provide freedom, flexibility and responsibility from the start. Our trainees work across different practice areas concurrently and are encouraged to assume their own workload. This allows for early responsibility, faster development of potential and the opportunity to compare and contrast different disciplines alongside one another.
When to Apply: Apply for a placement if you are interested in a training contract at Jones Day. We expect to recruit all our future trainees from our placement candidates because we want them to have experienced our global law firm and distinctive training on a placement first. All our placement schemes are open to final year law and non-law students, graduates and postgraduates, and our Summer placement schemes are also open to penultimate year students who are undertaking a qualifying law degree. Applications open on 1 September 2013.We recruit on a rolling basis, and close applications when we are full; so cannot guarantee availability. Early applications are always advised. Indicated deadlines (unless places fill earlier) are: a)Winter Scheme 2013–31 October 2013; b)Spring Scheme 2014 -31 December 2013; c) Summer Scheme 2014 - 31 January 2014. Placements last for two weeks with an allowance of £400 per week. Those attending can see how the Firm’s non-rotational training system works in practice by taking on real work from a variety of practice areas. They are also able to meet a range of lawyers at various social events.
Salary: Our current starting salary for trainee solicitors is £41,000 and is reviewed in July of each year of the training contract at the same time as associate salaries are reviewed, increasing to £46,000 (at 10 months) and £50,000 (at 22 months). The salary on qualification is currently £72,500. (2013-4)
Vacancies: We recruit approximately 15 trainees every year from the 64 candidates selected to attend our placement schemes.
About us: Jones Day is a truly global law firm - probably the most integrated in the world. Our 2,400 lawyers across 39 locations worldwide have vast transactional and contentious experience and are at the forefront of globalisation and the advancement of the rule of law. Our strengths in London reflect those of the Firm: our 200 London lawyers (including around 60 partners and 30 trainees) have a sophisticated understanding of risk and draw on specialist insights and skills from across the globe to guide clients through their toughest challenges and most significant, corporate life events.
Jones Day is a true US heavyweight, with its sizeable glove taking jabs at most major areas of law. Armed with 2,500 lawyers and 37 offices across five continents, Jones Day is one of the largest law firms in the world and amongst the highest-grossing in the US.
Founded in 1893, by Judge Edwin Blandin and William Lowe Rice, Jones Day made its name by representing Midwestern manufacturers and transportation companies from its Cleveland base. It was one of the first firms to adopt a corporate management structure, and the 100+ years since have brought steady growth, a slew of domestic and international offices, and acclaim. The firm’s involvement in numerous high-profile political scraps helped cement its reputation, and in one example of its eminence, the firm represented US automaker Chrysler in its massive bankruptcy case.
In the UK, Jones Day burst onto the London legal scene in 1986, courtesy of a merger with Surrey & Morse. In 2003, the firm dramatically expanded its London presence through a merger with mid-tier City firm Gouldens. The firm’s London lawyers, of whom 98% are UK qualified, boast a globally recognised M&A practice. The firm also specialises in capital markets, private equity, banking and finance, business restructuring, investment funds, litigation, intellectual property, tax and real estate.
In real estate, where the old Gouldens was always a leader, the firm still acts for what was once that firm’s largest client, Pillar Properties (now part of British Land). The firm's private equity practice has won work from a number of major players, including Morgan Stanley, WL Ross & Co – one of the most profitable restructuring focussed PE houses in the US – and Riverside, the most active private equity house in the US.
Jones Day’s European network includes more than 400 lawyers working in Brussels, Frankfurt, Madrid, Milan, Moscow, Munich and Paris. The firm opened an office in Dubai in March 2009, serving clients on energy, finance, arbitration and M&A matters. Jones Day established associate offices in Riyadh, Jeddah and Alkhobar in 2011 in association with Alsulaim Alawaji & Partners Law Firm, a Saudi practice established in 1990. Additionally, the firm opened a Boston office in 2011 and a brand new Dusseldorf office in February 2012.
With China’s economy growing at a record pace, many global law firms are vying for a multiple presence in China – and Jones Day is no exception. The firm possesses one of the largest Asian practices of any full-service international firm, with more than 200 lawyers and offices in Beijing, Hong Kong, Shanghai, Singapore, Sydney, Taipei and Tokyo.
Jones Day has a bigger commitment to pro bono than most of its English counterparts, with at least one pro bono coordinating partner in each office. All Jones Day lawyers worldwide, regardless of level, are encouraged to get involved and live up to the exemplary work of the US practice. While there are no targets for pro bono work, time spent on such matters counts towards billable hours. In London, the firm has represented non-profit organisations and charities, worked on complex litigation matters and provided support to the Waterloo Legal Advice Centre for decades. The firm acts for the Royal Academy of the Arts and holds fundraising events throughout the year for its chosen charity.
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Top US firms normally take their pick of the academic elite; however, Jones Day sees past the CV – its primary focus is on finding capable trainees with character and personality, who can also hold their own when faced with clients. Due to the nature of the training contract at Jones Day, trainees need ‘to take initiative and approach lawyers for work’; therefore ‘being personable is the most important attribute’ according to current trainees. ‘Candidates with a strong work ethic, good attention to detail and a large amount of self-motivation’ will do well. That said, a solid academic record is still important – ‘a 2:1 at degree level is the norm, though many have first class degrees’.
Jones Day’s training programme sets it apart from the Magic Circle and its US rivals. The firm’s unique, non-rotational seat system allows trainees to gain experience simultaneously in many different practice areas. Trainees are not assigned to one specific partner or department, but instead must seek out assignments on their own. This means that trainees get to choose to ‘take work from as many, or as few, departments as [they] wish’, providing they gain some experience in a minimum of three areas. The flexibility of this approach enables trainees ‘to try every department and hence make an informed decision as to where [they] should qualify’. For those interested, there is the possibility to go on secondment to the firm’s Dubai office.
The firm’s annual intake is made up of 15 trainees – a selling point to many as it allows for plenty of responsibility and the chance to shine. As one trainee states, ‘it is great to be part of a medium-sized firm as it enables you to know people across the different departments... which means you get to know each other and make solid friendships’. The firm is also keen to keep all of its trainees, with a retention rate of 100% for 2012.
To apply, you will need complete the firm’s online application form and attach your covering letter. If you’re successful you will be invited to interview. There are two rounds, both with two partners, and you need to impress in the first interview to make it to the second. While there’s no assessment day or tests, the interviews tend to be quite lengthy. The partners do not rely on a set of predetermined questions; instead they try to establish a relaxed, in-depth conversation about a topic of mutual interest. It’s important you ‘research the non-rotational training system’ beforehand, and one trainee advises that ‘the best way to prepare is to just be yourself, and understand what your best qualities and skills are’.
Vacation Schemes
Jones Day certainly makes sure that work placement students feel comfortable at the firm – you’ll be given your own email address and will either have your own office or will share one with another student on the scheme. As with the training contract, you get to choose which departments you receive work from and can try as many as you like – giving you an excellent ‘opportunity to experience the non-rotational system’ first hand. Throughout the scheme, two mentors will ensure you get the support you need.
Completing a work placement scheme will significantly boost your chances of getting that coveted training contract; 90% of current Jones Day trainees did so. You’ll have an interview at the end of the scheme for one. Non-law students can apply to spring and winter placements, both of which offer 15 places. With 30 posts to fill, summer schemes are designed for law students in their penultimate or final year.
Jones Day recruits on a rolling basis so places on its schemes and for training contracts may fill before application deadlines close and before individual applications are concluded. So don't wait until the final deadlines to apply: the early bird really does catch the worm!
Jones Day Graduate Recruitment Info
Contact:
Diana Spoudeas
Manager – Trainee Recruitment and Development
Tel: +44 (0)20 7039 5959
Email: recruit.london@jonesday.com
www.jonesdaylondon.com
Application Deadlines:
Placement Applications open 1st September 2012 and close on:
Winter - 31st October 2012
Spring - 31st December 2012
Summer - 31st January 2013
Training Contract Applications will open on 1st June 2013 (if there are vacancies remaining) and close on 31st July 2013.
If you are interested in training at Jones Day, apply for a placement scheme first. We recruit on a rolling basis and mostly from our pool of placement candidates.
Apply Now
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Stats
No. of lawyers firm-wide: 2,500
No. of lawyers in London: 170
London partners: 50
London associates: 100
London of Counsel: 15
London trainee intake: 15
London trainees retained: 100% (2012)
JONES DAY: 2013 LAW RANKINGS
# 18 Most Reputable Law Firm (6.47/10)
# 8 in Career Prospects for Solicitors (6.88/10)
# 8 in Partner & Solicitor Relations (7.78/10)
# 9 in Salary (7.87/10)
# 9 in Pro Bono (6.88/10)
# 13 in Solicitor Training (6.56/10)
# 15 in Satisfaction with Work (7.95/10)
Salary
London 2012
1st year trainee: £41,000
After 10 months: £46,000
After 22 months: £50,000
Newly qualified: £72,500
Compare all Salaries for London Law Firms
Departments
Antitrust & Competition Law
Banking & Finance
Business Restructuring & Reorganisation
Capital Markets
Corporate Criminal Investigations
Employee Benefits & Executive Compensation
Energy
Environmental Health & Safety
Global Disputes
Government Regulation
Intellectual Property
International Litigation & Arbitration
Investment Funds
Issues & Appeals
Labour & Employment
Mergers & Acquisitions
Private Equity
Product Liability & Tort Litigation
Real Estate
Securities & Shareholder Litigation
Tax
There is a very collegiate atmosphere and a strong contingent in the pub on a Friday evening.
Second year trainee, LondonHelpful?
Hours can fluctuate quite a lot depending on what is going on and how much work you take on.
Second year trainee, LondonHelpful?
Amongst all my trainee friends, Jones Day trainees definitely get a higher quality of work and more responsibility than at other firms. It is not unusual to be the primary fee earner on a matter with a partner supervising you directly. This also leads to frequent client contact as you are the first point of call for them.
Second year trainee, LondonHelpful?
Non-rotational. Trainees have the opportunity to go to Dubai.
First year trainee, LondonHelpful?
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Locations
London Office:
21 Tudor Street
London EC4 Y0DJ
Tel: +44 (0)20 7039 5959
www.jonesdaylondon.com
No. of worldwide offices: 37
Alkhobar
Atlanta
Beijing
Boston
Brussels
Chicago
Cleveland
Columbus
Dallas
Dubai
Dusseldorf
Frankfurt
Hong Kong
Houston
Irvine
Jeddah
London
Los Angeles
Madrid
Mexico City
Milan
Moscow
Munich
New Delhi
New York
Paris
Pittsburgh
Riyadh
San Diego
San Francisco
São Paulo
Shanghai
Silicon Valley
Singapore
Sydney
Taipei
Tokyo
Washington, DC