Ben Squires
Joined: As trainee September 2010
Education: Biology, Nottingham
Seats: Corporate and M&A, litigation and
dispute resolution, banking and finance
Q. How was your first week?
A. The first week involved a very relaxed and welcoming
introduction to the firm. The great thing about starting at
Macfarlanes is that, due to the firm-specific LPC, you know all of
your fellow trainees before your first day at the firm which makes
for a far less intimidating and enjoyable start to your Macfarlanes
career.
Q. How would you describe the culture at Macfarlanes?
A. The culture is collegiate through and through. The
partners and assistants genuinely care about the future of the firm
and, therefore, your development as a trainee. Such a culture is
partly down to the size of the firm - I know the majority of the
partners relatively well in the groups in which I have sat so far,
so they are more than willing to answer any questions I throw at
them.
Q. What's the most interesting deal you've worked on?
A. Acting for a large investment bank in its role as an
underwriter of an equity raise (involving a rights issue and a
warrants issue) carried out by a large technology investment
company. The structure of the equity raise was complex but was
fully explained to me by my supervisor and the lead partner on the
transaction so that I understood every step of the process. The
deal also involved my first "all-nighter" - breakfast has never
tasted so good!
Q. What international work have you been exposed to?
A. Over half of the work that I have undertaken has
involved an international element. The most high-profile piece of
international work has been to act for Trafigura in relation to an
environmental claim in the Ivory Coast. The claim itself settled in
2009. I have also been involved in the subsequent costs
claim.
Q. What's the best way to learn?
A. The best way to learn is undoubtedly by experiencing as
many different pieces of work as you can lay your hands on. On top
of this, don't be afraid to ask questions. Partners and assistants
alike are more than happy to impart their wisdom on you - and if
you don't ask, you'll never know!
Q. What are your highlights so far?
A. There have been two major highlights so far. The first,
perversely, was completing my first all-nighter acting on the
equity raise transaction described above - a right of passage, it
seems, for any budding M&A lawyer. The second was to experience
a three-day Court of Appeal hearing in relation to a costs claim.
To be able to sit in the Master of the Rolls' Court (the second
most senior judge in England and Wales) as a trainee is a rarity
and is an experience that I will remember.
Q. How much partner involvement/exposure is there?
A. My current supervisor, Simon Nurney, is a partner in
the litigation and dispute resolution group, so practically all of
my work comes directly from him. This is a good thing! It is the
reason why I have been involved in some high-profile work and
listening to his advice and the way he speaks to clients will stand
me in good stead.
Q. What support do you get?
A. Lots. As well as sharing an office with your
supervisor, you are also assigned a "principal" who you can chew
the fat with at any time during your training contract. Moreover,
there is a genuine open door policy and I am yet to come across a
partner or assistant who hasn't been happy to speak to me.
Q. Do you get much client contact/opportunity to work with
clients?
A. More than you would think. I have been surprised by
just how much client contact I have had so early on in my
traineeship. This is daunting at first but, as I have said above
and as seems to be the policy adopted by the firm, experience is
the best way to learn.
Q. It's not all work is it?
A. There is a lot more to Macfarlanes than work. In
addition to the numerous team and firm outings, there are plenty of
extra-curricular activities to get your teeth into. In terms of
sport, there's football, cricket, hockey and tennis teams (to name
but a few), and I have been involved in the mixed touch rugby team
this season which has been very enjoyable, although losing to a
team called "The Honey Badgers" was a humbling experience! On top
of all of that there is the annual firm Cabaret which takes place
at Koko in Camden. This venue has seen names such as Lily Allen,
Katy Perry and Bombay Bicycle Club grace its stage - the standard
of our cabaret doesn't quite match the levels that Koko is perhaps
accustomed to, but is great fun all the same.
Related practice areas
"A mid-market powerhouse, Macfarlanes generates positive reviews for its 'extremely able' practitioners' tackling of high-quality corporate matters."
Chambers UK 2012

