Banking & Finance Junior Solicitor

Manchester, Greater Manchester (GB)
salary dependent on experience
04 Feb 2019
04 Mar 2019
Full Time
Experience Level
Junior Level, Mid Level

Banking Solicitor NQ or Associate - Manchester

Time for a change?  If so, read on and see whether something resonates. If not, read on anyway. You just never know.

True complex and high value finance work is usually the preserve of the larger firms from national level and above.  

As a result most banking lawyers or indeed those that are qualifying with a seat in finance tend to come from those kind of firms. Chances are so are you. Often the question that then materialises is why would this role prove any different to where you already are?

Fundamentally it is still a fee earning role that will require you to turn up to the office, record your hours and produce quality of work. So, at its most basic, it is no different.

The difference lies more in the manner in which the firm has established itself in Manchester and the impact of what that means to someone coming into the firm. Indeed, it is this that gives rise to the fairly unique proposition.

The firm is large - less so in Manchester with around 80 people so it still maintains an open and collegiate approach, but has the backing and resource of a top 50 UK firm. Its Manchester office was opened up in response to client demand on pricing. No surprise there you might say but that isn't to suggest a compromise on quality but rather an intent to service London work from a cheaper base. Not cast off work from London but genuine London quality in both size and scale.

So for the sake of clarity, North-shoring this is not. Or at least not in the sense of doing cheap and dirty work in the provinces. 

The work here supports not just the local market real estate practice but provides a channel for high quality London work to be done at the same standard (and with the same expectation of standard) but at both a better and more sustainable rate for clients as well as making it a hugely profitable (and therefore of significant importance to the firm).

As London becomes increasingly untenable at certain price points, Manchester has taken the reigns and the investment to grow the office has already started. So what would that mean to you?

This role will be working with a highly (as in really highly) regarded real estate finance partner who has relocated to Manchester from London to ensure this new venture succeeds alongside an experienced associate from the local market.

The work is already there to be done. More to the point there is more work than resource and so someone coming in will also be tasked with taking over key relationships. As such the means to secure your own clients and carve your career moving forward is ready and waiting.

What is required? First and foremost you need to be a banking lawyer or at the very least have a 6 month banking seat in your training - now that may be broad banking rather than real estate focused. Provided you have the right desire and attitude towards real estate finance work then general banking experience is fine. 

Excellence is a must at least in the sense that the quality of work is high and so the technical demands mirror that. Indeed, the clients demand it and it forms the centrepiece of their service.

So what could that offer you? Well, in on the ground floor into a team that is going to be hugely profitable can only stand you in good stead when you stake your claim for promotion or salary reviews. Additionally the route to develop your own clients and take responsibility will be unblocked and won't require the often dog eat dog relentless nature of pulling out work from panels. 

So, if you are a banking lawyer or NQ with some experience in transactional finance - whether that be in Manchester already or a London re-locator (or anywhere else for that matter) who can see the fantastic opportunity this represents then we want to hear from you.

Send your CV to us or contact Paul Warburton for a confidential discussion.

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