My view
A lot of the work we do in finance involves large transactions, where we usually advise either the borrower or the lender. This work is enjoyable and there’s a real buzz as we approach the closing of a deal. However, we also sometimes get instructed on more discrete, advisory mandates, which are equally exciting. These matters sometimes involve more niche areas of law which provide the opportunity to get stuck into something new.
One such matter I worked on involved a technical piece of advice for a Swedish client which provided finance to SMEs in Europe. The client is subject to certain banking regulations, in particular the Capital Requirements Regulation. They’ve come to us for advice on how some of their assets – the loans they provide to their customers – should be treated under these regulations. We are currently combing through legislation and regulatory guidance to provide practical and actionable advice. This is satisfying work given the technical interpretation it requires and allows plenty of scope for bouncing ideas off my supervisor which is always fun. My involvement in this matter is a great example of how the firm empowers its people, as my supervisor got me involved on this matter because I had an interest in capital regulation.
This small example reflects the importance the firm places on encouraging its people to pursue their interests.