If you are interested in applying for a training contract with Teacher Stern then we recommended you apply for our Vacation Scheme Programme. Participation on the programme will not only give you the opportunity to come and meet us in person, but it will enable you to get an inside look at what it would be like to train and work at Teacher Stern.
Want to know more? We have conducted a series of interviews with our existing trainees to give you a real insight into life as a trainee with us!
Name: Luke Shelley
Department: Banking and Finance
Time in role: 4 months (previous seats: Commercial Litigation, Real Estate)
What was your first week like at Teacher Stern?
The first week mostly involved introductory sessions, with the main aim of getting to grips with the IT systems and internal processes, but it was also a very sociable week meeting not just immediate team members but staff across the firm. By day 2 or 3 I was actively participating on live matters. On the Friday we had a few drinks at the local pub.
What work do you get involved in on a day-to-day basis?
I assist on a wide range of property finance and corporate finance transactions. If I am heavily involved on a completion then my day will be side-swept by that matter, working with the team to get the deal over the line – this can involve signing meetings with clients, quick-fire emails and telephone calls, review of the final version finance documents etc. Tasks I undertake on a daily basis include drafting finance documents, from release documents to loan agreements and reports, dealing with lender’s requirements pre-completion (if acting for the borrower) or reviewing documents provided by the borrower (if acting for the lender).
What have you enjoyed the most?
The variety of the work and transactions I have assisted on and also the level of responsibility I have been given.
Have you encountered any challenges?
I would say the main challenge during the training contract for me has been knowing what work or matters to prioritise, as you receive tasks from all of the associates and partners (i.e. not just from the supervising partner you are sat with). It’s often an exercise in managing expectations, which didn’t come naturally to me at first, but people are friendly and understanding and will help you prioritise.
What advice would you give new applicants?
Ultimately people want to work with people they get on well with, so I would say be yourself during the application process and don’t be afraid to show your personality/character.
How did your experience of the vacation scheme give you an insight into working at Teacher Stern and within a law firm?
You can only learn so much about a firm online and it’s all at face value. The best thing about the vacation scheme at TS is that you are treated like a trainee from the off and as a result it mirrors what life as a trainee at TS is like. During the vacation scheme I assisted on live matters, carried out legal research and drafting tasks and participated in evening social events.
What are the key benefits of doing a trainee scheme?
It’s a two-way process and you will be able to see if the firm is the right fit for you.
Describe your time so far in three words
Fast-paced (that counts as 1 word, right?), varied, stimulating!
Applications for our next Vacation Scheme Programme close on 30 April. If you are interested in applying, or want to find out more, please click here.