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Aspiring Lawyers - Applications & General Advice
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I am an Associate at a Global Law Firm. Ask me Anything!
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<blockquote data-quote="LM" data-source="post: 48527" data-attributes="member: 9535"><p>My pleasure [USER=9494]@Simran_K_Kambo[/USER]. To answer your first question, from a lawyer's perspective, it primarily means you have to be liaising with local counsel on a regular basis and be able to work with them to get the deal done. This can range from local regulatory issues to navigating unique legislation. The role of a lawyer at a global law firm is to understand these issues and ensure the transaction documentation takes account of these issues/obstacles. Further, you get to deal with bigger names. I would say those are the two standout differences to someone who works at a large national firm. </p><p></p><p>To answer your second question, the short answer is, the work is primarily done by local counsel due to the fact they are qualified to advise in that jurisdiction. If the deal is being "run" out of London (and by this, I mean the client is communicating only with a legal deal team centered in the London office), the London team will communicate with local counsel in all the relevant jurisdictions and then, compile their advice and reflect it in the transaction documentation.</p></blockquote><p></p>
[QUOTE="LM, post: 48527, member: 9535"] My pleasure [USER=9494]@Simran_K_Kambo[/USER]. To answer your first question, from a lawyer's perspective, it primarily means you have to be liaising with local counsel on a regular basis and be able to work with them to get the deal done. This can range from local regulatory issues to navigating unique legislation. The role of a lawyer at a global law firm is to understand these issues and ensure the transaction documentation takes account of these issues/obstacles. Further, you get to deal with bigger names. I would say those are the two standout differences to someone who works at a large national firm. To answer your second question, the short answer is, the work is primarily done by local counsel due to the fact they are qualified to advise in that jurisdiction. If the deal is being "run" out of London (and by this, I mean the client is communicating only with a legal deal team centered in the London office), the London team will communicate with local counsel in all the relevant jurisdictions and then, compile their advice and reflect it in the transaction documentation. [/QUOTE]
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