Associate, Corporate Energy

Herbert Smith LLP

Location
*UK-London
Description
About Herbert Smith Freehills As one of the world’s leading law firms, we advise many of the largest and most ambitious organisations across all major regions of the globe. With over 5,000 people, including 3,100 lawyers and over 2,000 business services professionals, operating from our global network of offices across Asia Pacific, Europe, the Middle East and North America, Herbert Smith Freehills is at the heart of the new global business landscape providing premium quality, full-service legal advice. We recognise that the success of our business and our clients relies on the skills, knowledge and ideas of all our people. Our environment is one in which high performance is expected, in return, we will provide you with rewards and opportunities tailored to your personal and professional goals. The Opportunity Group/ Team description: The Corporate Energy & Infrastructure team leads the market and works across the following sub-sectors: Infrastructure (including transport and water); conventional power (including gas, nuclear, interconnectors and power networks); renewable energy and storage (wind, solar, batteries, bioenergy); climate & ESG; oil & gas (including LNG & petrochemicals); new energy (hydrogen, carbon capture, biofuels); and mining. The work is split between the UK and international markets. The client base is blue-chip, and we pride ourselves on the quality of our mandates and how we deliver them. Our team is highly trained and you will develop deep sector expertise. Many of our clients are alumni in leading industry roles. You will have the opportunity to work in all of the subsectors above across M&A, projects and regulatory. Market recognition: Chambers UK Band 1 Oil & Gas Power Legal 500 UK Tier 1 Oil & Gas Mining & Minerals Power Infrastructure Energy and Infrastructure Team of the Year – The Lawyer Awards 2023 Recent credentials: A snapshot of our experience includes acting for: Oil & Gas Sinopec in relation to the $2.1 billion sale of a 49% stake in Repsol Sinopec Resources UK. bp on the development of the Tortue Floating LNG export project in Senegal and Mauritania bp on its disposal of its upstream assets in Algeria, In Amenas and In Salah, to Eni Chevron on its exit from Azerbaijan by disposing for US$1.56 bn its non-operated upstream and mid-stream interests, being a 9.57% stake in the ACG oil field and an effective 8.9% stake in the BTC pipeline New energy bp on the Net Zero Teesside CCUS abated gas fired power station project to be supported by a dispatched power agreement and the Northern Endurance Partnership carbon dioxide transport and storage project to be supported by a regulated utility style revenue model bp in relation to the proposed H2 Teesside blue hydrogen project bp in relation to the proposed HyGreen Teesside 80MW green hydrogen project Mining Ma’aden on its investment into Vale Base Metals, and on its strategic investment in Ivanhoe Electric Inc and related Joint Venture Mercuria on its technology metals trading platform and joint venture with Tech-Met BHP on its divestment of its assets in Liberia and Guinea Conventional power the ECA-covered lenders to the Sizewell C new nuclear power project which will be supported by a regulated utility style revenue model National Grid on its £7.8 billion acquisition of Western Power Distribution (WPD) – the UK’s largest electricity distribution business – in a move that will pivot National Grid’s UK portfolio towards electricity, and significantly enhance its central role in delivering the UK’s net zero carbon targets. The lenders of Neuconnect, the first ever GB – Germany electricity interconnector (Energy and Infrastructure Team of the Year – The Lawyer Awards 2023) Renewable energy and storage Interpath Advisory on the sale of Toucan Energy’s solar portfolio to Schroders Greencoat for circa £700 million (the largest operational solar portfolio transacted in the UK to date) bp on its entry into a strategic partnership with Equinor for the development of offshore wind assets, including in respect of bp’s purchase of a 50% interest in Equinor’s US Empire Wind and Beacon Wind assets for US$1.1 billion Climate & ESG ORIX Corporation UK, the UK subsidiary of ORIX Corporation, a Japanese financial services company on its acquisition of a 70% stake in Gravis Capital Management, a UK based alternative asset management company with a significant ESG focus Infrastructure (non-energy) a confidential water company on the development of a reservoir project using a Thames Tideway Tunnel revenue model the lenders to the Equitix and Strabag consortium bidding for the HARP aqueduct project Primary objectives: Deliver excellent client service and manage and deliver discrete pieces of legal work. Make an effective contribution to the firm’s work by aiming to meet and exceed target hours. Build a solid foundation of commercial and legal expertise within a chosen area of law and strengthen relationships with clients, frequently acting as a direct point of contact. Be responsible for some management and delegation of work to and support of junior colleagues. Key responsibilities Role-specific - this role will entail a range of transactional work within the Energy and Infrastructure sector. Manage work to support optimal utilisation; assist senior lawyers as required, acting as lead lawyer, where appropriate; delegate and provide feedback to juniors and communicate progress on tasks to supervisor and team members, consulting and offering solutions on difficult technical client issues; and manage the billing process as appropriate. Manage, develop and strengthen client relationships through anticipating client needs and expectations; and provide prompt responses and updates on progress. Support the firm and others - establish effective relationships with individuals and groups, across the global network; uphold the firm’s values; contribute to the firm’s initiatives (e.g. corporate social responsibility and diversity and inclusion activities); mentor and support juniors; raise profile by being involved with external bodies and supporting and attending marketing/industry events; and assist with internal training and preparation of legal precedents. Comply with risk requirements, firm policies and all relevant professional responsibilities and legislation and contribute to billing, engagement and client acceptance processes. Qualifications, skills and experience: Qualified/admitted legal practitioner in relevant jurisdiction. Ideally 2– 6 years of legal experience however we are open to considering candidates with more or less experience. Good understanding of law firm profitability and key drivers for financial efficiency; and ability to help manage costs and budgets. Team Corporate Working Pattern Full time Location London Contract type Permanent Contract Diversity & Inclusion At Herbert Smith Freehills you will be part of a diverse, innovative culture where high performance, client focus and highly engaged people are our differentiator. People at our firm come from a range of backgrounds and bring a wide variety of experiences and perspectives to their work with us. We strive to ensure that our inclusive environment means you feel valued and able to perform at your best by being your authentic self at work. We know that our future success not only depends on being innovative and progressive in the changing legal market but, most importantly, on our people feeling highly engaged in meaningful work. We understand that you have commitments and personal interests outside of work and we strive to create a working environment based on mutual trust and respect, in which you can perform at your best whilst maintaining sustainable balance across your life.
Posted
Updated
Position
Associate
Practice Areas
Energy
Specialties
Infrastructure, Oil & Gas, Renewables, Climate Change
Experience
2 to 6 years
Employer Type
Law Firm