One of the main perks of such traineeship is that the panic of not having a clue what you are doing (see Dave Bales on the benefits of a summer placement) is only experienced once! Also, I hope that specialising at an early stage will allow me to assist with a higher level of work more quickly and the experience gained will also mean that I will hit the ground running as an NQ.
So far, I have had a broad range of exposure to service sector work including negotiating and reviewing a wide range of supply chain contracts such as Master Services Agreements, Framework Agreements, Supply Agreements, Standard Terms of Sale and Purchase, Licence Agreements and Confidentiality Agreements for a major international contractor. I have also been providing general advice to clients on service sector contract issues. Furthermore, I have been involved in a due diligence exercise in relation to buyer acquisition of upstream assets, reviewing and drafting transfer and diligence documentation.
Doing a dedicated traineeship does not mean I don’t get exposure to other relevant areas of law. I have recently completed an in-house secondment with a world leading oil & gas service company, working as part of a project management team tasked with carrying out an inter-company transfer of a business. In my time on secondment I provided support to all work-streams with the main focus on commercial and legal. For example, I carried out extensive contract reviews, prepared assignment notifications and novation agreements and dealt with general legal queries. I completely agree with Clare Devlin (Going on secondment) that secondments allow you to gain a practical understanding of the client’s business and you can then use your industry knowledge to deliver a better service to clients – and that’s what we’re here for!
I have truly enjoyed working with the Oil & Gas team and can’t wait for the challenges ahead of me in the next 15 months!
On May 19, 2015