Each associate in New York who elects to work in the Corporate Department rotates for 18 months through three different practice groups, including at least two of our three major groups—M&A, Capital Markets and Credit—before choosing which group to join permanently.
We primarily staff our overseas offices London, Paris, Frankfurt, Madrid, Tokyo, Beijing and Hong Kong) with corporate and tax lawyers on assignment from our New York office. Rotations to an overseas office are generally for two or more years, usually after the associate has spent one or two years in New York. These assignments are based on an associate's expressed interest and language abilities and on the firm's needs.
Approximately 90 lawyers in the Corporate and Tax Departments, including 67 associates, are on assignment abroad.
The lawyers in our overseas offices practice solely U.S. law, with the exception of Paris, where we have lawyers who are certified in both French and U.S. law. This means that our lawyers do the same type of work, get the same types of experiences and have the same opportunities. Many of our lawyers are permanently based in those offices, but some will be rotating to or from New York and Menlo Park at any given time, providing a wealth of opportunities to lawyers who want to have experience working overseas.
Our global capability is complemented by the preferred relationships we have established with a select number of preeminent local law firms around the world, such as Slaughter and May in the United Kingdom, Hengeler Mueller in Germany and Uría & Menéndez in Spain. Lawyers from all of our offices turn first to these “best friends” to get the highest-quality local law advice and work hand in hand with them to provide our clients with a seamless solution to their global legal services needs. These relationships are not exclusive, however, and this approach has enabled us to build strong relationships with these firms, while also allowing us to work with a broad variety of additional firms, all in accordance with our clients’ preferences.