Training Contract 2023
As a trainee at Covington you will have early responsibility and exposure. Working within small teams and playing a significant role in complex substantive work, our trainees work closely with senior lawyers and partners, and have a chance to make a real impact on work that matters.
We offer trainees the opportunity to work on cutting-edge matters. Our clients include Microsoft, AstraZeneca, and Facebook, Fortune 100 businesses and leading technology, life sciences, and media companies. We have represented Facebook, Inc in its US$22 billion acquisition of WhatsApp and its US$1 billion acquisition of Instagram. We also advised Illumina on a four-year project that will map genomes for breakthroughs into cancer and rare diseases.
What We Look for in Candidates
Candidates must be able to demonstrate a consistently impressive record of academic achievement. In particular, we look for strong grades at A-level (minimum ABB/128 UCAS points or equivalent) and candidates must be predicted to achieve (or have achieved) at least a 2:1 in their undergraduate degree.
However, whilst being academically strong is important, we look for much more than that. The candidates we choose are sharp, articulate and quick thinking in interview.
All trainees undertake the following two seats.
Our corporate clients range from start-ups to established multinationals, and include investment banks and investors. Given the firm’s particular strengths, much of our work is within the pharmaceutical/ life sciences, energy and clean energy, brands, technology, and media industries.
Our work includes premium cross-border M&A deals, complex worldwide licensing and collaboration transactions, international project development and finance advice, venture capital financing for emerging companies and their investors, capital markets fundraisings, and private equity fund transactions and formations.
Lawyers in our dispute resolution practice advise companies across a wide variety of industries. Often our work is in ground-breaking, complex fields and we regularly advise on significant, high-profile cases in litigation and arbitration.
The practice also comprises one of the largest and most sophisticated corporate crime and investigations practices in Europe. We advise our multinational client base on a range of issues including bribery, money laundering, sanctions, and fraud.
A brief summary of the salary and benefits are outlined below:
- Comprehensive financial support for tuition fees (GDL/LPC) and a maintenance grant of up to £8,000.
- A trainee salary of £48,000 in the first year and £53,000 in the second year.
- Upon qualification, a starting salary of £120,000.
- Trainees have access to a full benefits package including: pension scheme, health insurance, life assurance, independent financial advice, 25 days’ holiday per year, an employee assistance programme, child care vouchers, a dental plan, emergency care cover, and interest-free season ticket loans.
- There is an active social calendar which includes regular office events and sports teams. Trainees also have their own dedicated social budget to organize their own events.