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When we can wave the flag about our success, we do, and we're gradually working on heightening our market position.
“It was daunting, but I was just told not to concede anything!
” An international dimension can often be found in litigation: cases of late include a £105 million shareholder dispute with links to Israel, as well as a $50 million joint venture spat that combined elements of German, English, Cypriot and Gibraltar law.
Finally, Fladgate's manageable size was deemed a major draw: “There's a good ratio of partners to associates, meaning that as trainees we get to work with senior lawyers more often, more quickly.” All trainees must do a seat in each of the firm's three core departments: property, litigation and corporate.
The fourth can either be in a more niche area or a repeat of a prior seat; some sources grumbled that “because the first seat is automatically assigned, you might get your more niche seat first and then have no choice but to do the core seats subsequently.” Most trainees had “a good experience overall: the range of seats isn't huge, but coming in it's made clear how the system works.” Sources also welcomed new seat options in private client and banking.
The group also made the headlines recently as it pursued a £720 million fraudulent misrepresentation claim against Barclays on behalf of London-based private equity firm PCP Capital Partners.