Ashurst is a leading progressive global law firm with a rich history, celebrating its bicentenary in 2022. We are proud of our history and future-focused, having expanded into new technologies through our NewLaw division, Ashurst Advance, and our consulting arm. Our in-depth understanding of our clients and commitment to providing excellent standards of service have seen us become a trusted adviser to local and global corporates, financial institutions and governments in all areas of commercial law. To find out more please visit www.ashurst.com .
In order to comply with regulatory and client requirements, Ashurst will undertake appropriate vetting of staff. When applicants accept a job offer, Ashurst, alongside a specialist provider, will undertake professional verification and background checks. These checks are only undertaken with consent, and in accordance with our legal and regulatory obligations.
We are looking for a Conflicts, Ethics & Commercial Advisor to join our Risk & Compliance Department in London on a permanent basis.
You will work with an experienced in-house legal team to analyse and advise the global partnership on the legal and commercial issues associated with taking on new business and the management of existing business with particular emphasis on, but not limited to, ensuring that the firm meets its obligations to clients and regulators worldwide.
The primary focus of your role will be to ensure that, taking into account the commercial challenges of a global law firm, you are able to help Ashurst lawyers navigate, understand and comply with the applicable rules of professional conduct (including "conflicts of interest" and "confidentiality") in a competitive landscape.
- Providing incisive legal advice on the rules of professional conduct to our global network of lawyers (e.g. SRA, ASCR, Code of Conduct), primarily in the context of taking on new business.
- Undertaking legal research to support proposing to act on the new instruction, referencing relevant case law as appropriate.
- Analysing information in the Firm's conflict management systems to identify any potential conflicts of interest relating to new matters and clients across all practice areas of the Firm.
- Communicating with partners in person, by phone and via email to navigate potential legal and commercial issues.
- Maintaining and advising on the effective use of information barriers using Intapp WallBuilder.
- Drafting consent wording and other language for client engagement letters, pitches and panel terms.
- Liaising with the Risk Advisory Team to resolve any AML, ABC, sanctions and other risk/reputational issues arising out of the new instruction.
- Assist in the implementation of internal processes for compliance with new legislation, regulation and best practice, particularly in the area of conflicts of interest and confidential information issues.
- Working with other departments and third party suppliers to achieve compliance best practice across the Firm.
Risk and Control: Ensure that all activities and duties are carried out in full compliance with our regulatory requirements and internal policies.
Essential skills and experience:
- Strong knowledge of ethical principles, the rules of professional conduct and client care, including but not limited to, conflicts of interest and the protection of confidential information using "information barriers".
- Understanding of the fundamentals of disputes, finance and corporate transactions, with deep interest/experience in one or more practice areas in which Ashurst specialises.
- Demonstrated interest in the business of law firms and commercial/strategic thinking.
- Capable of handling high pressure legal/corporate environments and working to deadlines.
- Strong organisational skills, attention to detail and able to work well under pressure.
- Technical fluency in Microsoft Office Suite, legal research tools and an ability to test and adapt to new processes and technology.
- Strong interpersonal skills; able to liaise effectively with all levels of legal and support staff to assist with the resolution of issues in a diplomatic manner.
- Advising C-suite or legal professionals on commercial decision-making.
- Good judgement and business awareness.
- Discretion essential to preserve confidential information.
- Experience in advising on panel terms and other contractual arrangements with clients.
- Preferable, but not essential: UK/Overseas legal qualification (or minimum of LPC).
- Essential strong relevant experience in Conflicts, Compliance and Risk Management at like-minded firms.
- In depth knowledge of the OFR, in particular the chapters within the SRA Code of Conduct and the SRA Authorisation rules (as well as other jurisdiction's professional Codes of Conduct).
- Expertise of Conflict obligations in the EMEA and APAC region and other associated risk and compliance issues.
- Experience in assessing and dealing with commercial conflicts with reference to the commercial strategy of a like-minded Firm.
- Working knowledge and ability to use Conflicts and Compliance Databases.