Allen & Overy and Goldman Sachs: working together to provide insights into a client firm
The Goldman Sachs in-house legal team has worked with Allen & Overy (A&O) for over six years supporting Pathways to Law, an initiative established by the Sutton Trust and Legal Education Foundation (formerly the College of Law). Designed to improve social mobility and access within the legal profession, Pathways to Law is a two year programme for students in Years 12 and 13. It offers support, advice and guidance to help them make informed choices about applying to universities and pursuing a career in law.
As part of the programme, every year 30 students attend a week-long placement at A&O, during which they also spend half a day with Goldman Sachs - one of A&O’s clients. Here they learn about investment banking and the business environment of a client of an international legal practice, whilst also building their skills and meeting new people.
Students participate in a variety of workshops at Goldman Sachs’ London offices on Fleet Street. Modules include an overview of the firm's work and a tour of the office, including the trading floor; tips for successful job applications and interviews; career opportunities within the firm; and an interactive quiz and speed networking session. The workshop concludes with lunch and an opportunity to meet senior executives.
The time at Goldman Sachs provides the students with insight into the relationships between a law firm and its client, and an understanding of the life of an in-house lawyer.
Allen & Overy is a founder sponsor of the UK-wide Pathways to Law Programme, which is consistently given positive feedback from participants. Last year, 73% of students said their opinion of investment banks had changed and that the programme had inspired them to consider working for one in the future. “It allowed us to see that there is more to a legal career, a real eye-opener.”, said one participant.
Jeremy Herman, Managing Director and Senior Counsel at Goldman Sachs, who has sponsored the firm’s involvement since the beginning, says: “Goldman Sachs Legal Department is proud of its longstanding association with the Pathways to Law programme. As a firm, we are committed to promoting diversity and are delighted to have partnered with A&O for the past 6 years. We want to support young people who aspire to join the legal profession. Our half day workshop provides an understanding of the role of an in-house legal team at a global investment bank, as well as the chance to see life on the other side of the table. We have been continually impressed with the curiosity and enthusiasm of the participating students.”
Commenting on the partnership, EmmaTurnbull, Pro Bono & Community Investment Officer at Allen & Overy, says: “Working collaboratively with one of our key clients has enhanced the week we offer the students. Providing them with an invaluable insight and access to life at Goldman Sachs, it certainly leaves them thinking differently about their future careers.”
For more information on Pathways to Law, click here.