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In-House Lawyer - Conflicts

Employer
Allen & Overy LLP
Location
London (Central), London (Greater)
Salary
Competitive
Closing date
25 May 2024

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Vacancy Type
Solicitors – In-House, Other specialist roles, Risk Management
Contract Type
Permanent
Experience Level
2-5yrs PQE, 5+ yrs PQE
Role Classification
Lawyer

Job Details

Job description

We are currently recruiting for an In-House Lawyer - Conflicts to join our Business Acceptance Unit (BAU) on the London office.  The role of an In-House Lawyer - Conflicts is to be a trusted adviser to the business, providing high quality, proactive business-focused support and solutions to colleagues on a variety of commercial and complex regulatory issues, focussed mainly on conflicts of interest and other business acceptance matters. It requires an individual with the ability to develop strong working relationships in order to be a "go to" and accessible person for queries and concerns from around the world from stakeholders of all levels from business teams and fee-earning, including practice group heads and senior management. The In-house Lawyer - Conflicts is given a high level of autonomy and expected to take responsibility for identifying solutions and driving them forward. In addition, the In-House Lawyer - Conflicts will participate in strategic projects and will be part of the horizon-scanning team, inputting into the strategic direction of the firm's regulation.

The BAU is a dynamic, global, collegiate team responsible for assessing all new business before it is accepted by the firm’s partners, to ensure the firm’s commercial objectives and legal obligations are met. The team work closely with partners and other senior stakeholders to identify and resolve legal and commercial conflict issues, sanctions and anti-money laundering risks, as well as reputational and values issues in each of the jurisdictions in which Allen & Overy operates. The BAU has a unique, wholistic view of the firm’s business and clients, and facilitates strategic decisions by the firm’s partners and leaders as well as managing the firm’s risk exposure with regard to new work. The BAU is widely respected throughout the firm and strongly supported by the firm’s management.

Role and responsibilities

  • Analysing and resolving (or, where appropriate, facilitating resolution of) professional, legal, regulatory and commercial issues relating to business acceptance and client engagement which are referred by business acceptance analysts and by partners and all other levels of lawyer and support staff, focussing on business/commercial conflict issues and professional and legal conflicts issues.
  • Undertaking an initial assessment with regard to anti-money laundering, sanctions, reputational and suitability issues that arise in the assessment of new business and working with specialist teams (such as the Financial Crime and Sanctions team) within the BAU to resolve such issues.
  • Referring commercial issues to relevant stakeholders, including practice group heads and office/regional heads.
  • Exercising judgment as to when to refer business acceptance issues to the Global Head of Business Acceptance and/or other senior BAU members such as the Head of Financial Crime and Sanctions and facilitating the resolution of any such issues referred.
  • Responding, and managing the team's responses, within particular timeframes, to partners’ and fee earners’ requests relating to business acceptance and client engagement to ensure the service level expected by partners is met.
  • Drafting waivers and consent language required in the resolution of conflicts of interest issues.
  • Reviewing and analysing conflicts of interest issues with respect to incoming lateral hires.
  • Assisting with lateral hire on-boarding, including the coordination of matter opening for transferred matters.
  • Assisting the Engagement Terms team within the BAU with reviewing and drafting conflicts of interest provisions within engagement terms, client relationship terms and client panel terms.
  • Monitoring changes in practice, professional rules, regulations and the law as affects business acceptance and client engagement globally so that these can be reflected in the business acceptance and client engagement process and policies.
  • Assisting in the creation and maintenance of precedents and know how resources for use within the business acceptance and client engagement team and the development of appropriate business acceptance and client engagement know how (e.g. briefings) for use throughout the firm.
  • Mentoring, supervising and assisting in the management and development of the Business Acceptance Unit's Analyst and Administrative staff.
  • Assisting in the creation, ongoing development and implementation of the firm's global business acceptance and client engagement policies, processes and systems.  For example those relating to client confidentiality and information barriers, matter inception, new client acceptance, conflicts and conflict checking, internal matter records databases (for conflicts management purposes), other external database resources used for business acceptance purposes, use, and development, of functionality within the firm's existing systems for business acceptance purposes, the business acceptance watchlist (listing sensitive areas being actively monitored) and the content, collection and storage of engagement letters.
  • Intervention (where required, at the point of business acceptance) to issue directions on specific formalities required for business acceptance purposes e.g. levels of virtual file security and any need for formal information barriers.
  • Assistance in monitoring information barriers including setting up information barriers, information barrier clearances on walled matters and responding to queries on the firm's procedures.
  • Assisting in the design, implementation and delivery of training presentations and other development programmes for lawyers and support departments regarding risk management and, in particular, business acceptance and client engagement.
  • In relation to all of the above, reporting to the Global Head of Business of Acceptance.

Key requirements

  • Experience in relation to conflicts of interest within a law firm environment is essential.
  • Qualified lawyer with significant PQE.
  • Must have strong academic background.
  • International experience with a leading top tier firm is highly advantageous with a strong background in multi-jurisdictional transactions or dispute resolution.
  • Interest in, and potential for, developing mentoring skills.
  • Commercially minded and possessing a strong legal skill set.
  • Ability to analyse facts and scenarios thoroughly (and yet quickly) and proactively to put forward resolutions to legal and commercial problems.
  • Excellent task management skills and a proven ability to manage multiple tasks under time pressure.
  • Enthusiastic, self-motivated and pro-active.

Should you require additional support at any stage of the recruitment process due to a disability or a health condition, please do not hesitate to contact a member of Allen & Overy’s recruitment team who will work with you to provide any reasonable adjustments as required.

Allen & Overy recognises the value of flexible working and embraces hybrid working, allowing our people to work from home up to 40% of their working time. We do however remain committed to working together in person for the remaining 60% of time so that we can learn, grow and succeed together. If you would like additional flexibility we will of course consider this in line with business needs.

Additional information - External

Allen & Overy is a leading global law firm operating in over thirty countries. We work on some of the most challenging and important deals and have built a reputation for delivering exceptional legal solutions that help our clients grow, innovate and thrive. The legal industry is changing, and we're committed to leading that change, putting our people first, embracing new ways of thinking and integrating technology into our everyday work. Our business teams work hand-in-hand with our lawyers, Consultants and other specialist teams, and are ambitious, driven and leaders in their field.

With us, you will constantly be learning and growing. We invest in you by offering exceptional professional and personal development – providing training, mentoring and practical support. We offer rewarding careers that are built around your strengths and designed to ensure you can achieve your personal and professional goals, recognising that those may look different for everyone.

We have a powerful commitment to diversity, equity and inclusion. We’re determined to play our part in advancing a workplace where progress is made by harnessing our differences – whatever defines you, we ask you to bring your whole self to work.

What truly defines a career at Allen & Overy? We recruit the best and ask for the best of you. We provide challenge, support and a place for you to belong. And together we excel, working on meaningful projects of global significance.

Company

With over 5,600 people in over 40 offices, Allen & Overy is a business doing work of global significance.

Our success is built on the work of talented and motivated people who thrive in a supportive and collaborative environment, dedicated to delivering an exceptional standard of work for our clients. We’re ambitious and forward-thinking, committed to growing our business and meeting the future head-on. We’re not afraid of change, and we believe in challenging the status quo.

What we do goes beyond delivering an outstanding service. We lead the market by creating new solutions for our clients’ most complex legal and business challenges, helping them grow, innovate and thrive. By thinking creatively and entrepreneurially, we challenge expectations, push boundaries and build for the future. We draw on a world-leading network of expertise and a unique platform – such as our Advanced Delivery services and our network of Peerpoint consultants, to set the highest standards for our industry.

Global coverage in today’s market does not simply mean having offices in important cities around the world. For us, it means combining our global resources and sector expertise to work on matters that cross international boundaries with our culturally and geographically diverse teams. For you, it means that wherever you work, you’ll find a culture of inclusion and support – feeling confident to bring your whole self to work every single day. We have developed a culture in which difference is positively valued, and our people are free to be themselves.  At A&O, you're not only valued for what you do, but for who you are. 

We are in every sense one global team; supportive and collaborative, but also ambitious and driven.  Our capacity to combine these qualities and provide a setting in which our people can thrive is what makes us different.

Company info
Website
Telephone
+44 (0) 20 3088 0000
Location
One Bishops Square
London
E1 6AD
GB

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