
McDermott Will & Schulte
- London
"Private capital expertise and facetime with partners are on the brand-new menu at McDermott Will & Schulte."
About the firm
- 7
- Trainees
- 49
- Associates
- 42
- Partners
- 23
- Overseas Offices
Some things just go well together – think salt and pepper, fish and chips, prospective trainees and Chambers Student. And now there’s one more pairing for the list: recently merged McDermott Will & Schulte has brought together McDermott’s global reach and Schulte’s investment funds expertise in a pairing that just feels right. “It’s been a really positive move for everyone, especially the increased exposure that the trainees can now get,” training principal Mark Fine says. MWS trainees agree, adding that, with the small cohorts and hands-on training style, “you get a lot of responsibility from day one. It’s challenging but also a great way to learn.”
“You get a lot of responsibility from day one.”
There’s “no one-size-fits-all” trainee at MWS, Fine tells us, but what unites successful applicants is that they are “inquisitive, proactive and hungry for knowledge.” Selecting go-getters certainly pays off when it comes to prestige: the firm receives top marks from Chambers UK for its healthcare and investment funds work UK-wide, with nods as well for its leveraged finance work on both the borrower and lender sides in London. Headquartered in Chicago, MWS has more than 20 offices across the US and Europe, and it bags a Chambers Global gold star for its investment funds work as well.
Why trainees joined the firm
Small trainee intake
International outlook
Transactional focus
Small trainee intake
Our sources were keen on MWS’s small cohort sizes, which lend themselves well to “more hands-on experience and early responsibility.”
International outlook
Trainees were drawn to the fact that there is “lots of work coming from the US, and you’re working a lot with local counsel.”
Transactional focus
MWS was a match for trainees interested in private equity dealmaking, who explained that “that’s definitely a focus at McDermott.”
Trainee satisfaction rankings
- Excellent
- Overall satisfaction
- Excellent
- Hours & work-life balance
- Excellent
- Compensation
- Strong
- Training & development
- Strong
- Qualification
- Strong
- Supervision & contact time
Training contract structure
- 4x6
- Seat Structure
Seat allocation
Three of the four seats are compulsory: corporate/private equity, leveraged finance and litigation. Trainees’ first seats are allocated blindly, then for subsequent rotations “you’re able to have conversations and flag preferences towards certain seats.” Interviewees underlined that “there’s a lot of flexibility,” and Fine tells us that trainees aren’t confined to their allocated seats: “you are encouraged to go out there, to find other departments that you’re interested in or potentially interested in, and to offer your help to those departments or to gain an understanding of what the work looks like in such team.” This is reflected in the experience of our insiders, who felt that “even when you’re in one seat, you can do work for another.” Trainees do note that following the merger, the seat allocation process may be subject to change in the future.
- N/A
- International secondments
- Not currently
- Client secondments
Client secondments
While client secondments are not currently offered at the firm: “Increasingly, there may well be. It’s something we’ve talked about with the training principal.”
Seat Experiences
MWS combines several of its practice areas in a smorgasbord-style specialist seat, offering trainees the chance to get familiar with its healthcare, tax, competition, restructuring and structured credit work over the course of just one rotation. “It depends on the time you join for how much of each area you do. Whatever is going on at that time, you’re more likely to help out with,” one interviewee advised. As a result of the variety of practices involved, the day-to-day can be “quite unpredictable,” with a lot of ad hoc work, and trainees warn that “it can be tricky to find a good balance.” However, “you end up leaning more towards one of the areas” as you progress. That area might be tax, with a “really nice” teamand lots of Stamp Duty applications to get involved with, or healthcare, with “a mixture of advisory and deal work, helping with due diligence.”
And it’s no wonder that things get busy in the specialist seat if you take a look at McDermott’s high-profile client list, from the healthcare team’s advisory work for Specsavers to the tax team’s recent representation of Boeing. Although naturally things can feel intense when balancing multiple practice areas, trainees assured us that “you can communicate when you’re busy” and “everyone is super understanding.”
A stint in MWS’s litigation practice exposes trainees to all kinds of disputes: not only litigation, but arbitration and white-collar investigations, too. During this seat, “I was really busy all the time, and I really liked that,” one source was pleased to report. The team specialises in complex, high-value disputes across a variety of sectors and jurisdictions, and gets its trainees involved with “big, intense, high-profile cases,” such as its recent representation of Irish telecommunications network eircom in a High Court claim against BT.
“If there is an opportunity and you ask for it, your supervisor will try and make things happen.”
Often, these cases are long-running, and so the day-to-day can be more predictable than in transactional seats; still, there’s “a lot of different work to be done”, including “a lot of admin.” Think sending emails and managing correspondence with other law firms, proofreading and reviewing, as well as coordinating witnesses and booking hearing rooms. Some trainees reported getting a lot of drafting practice in, while others felt that “usually associates do the drafting, but if there is an opportunity and you ask for it, your supervisor will try and make things happen.” And it’s not all in-office work, either: several of our interviewees shared that they were able to attend court hearings and sit in on trials.
MWS’s umbrella corporate/private equity seat covers everything from private equity transactions to corporate M&A and advisory work. The firm advises on complex and high-stakes transactions across multiple sectors, so unsurprisingly, trainees were kept busy: our sources noted that “there were a lot of moving parts” in the practiceand found that the work was “quite broad ranging.” Trainees can expect to be involved in tracking progress, making document checklists, drafting simple ancillary documents, taking charge of due diligence, coordinating between different local specialist teams and assisting with closings.
As part of the corporate/PE team, there was a strong sense that “you’ve got a responsibility to drive things forward,” one interviewee shared, and that “you get a lot of responsibility in due diligence” in particular. Another agreed that “you can really take charge of certain workstreams.” Last year’s merger has expanded MWS’s private capital capabilities, and the team has recently advised a variety of clients, including H.I.G. Capital, a leading global alternative investment fund, on its acquisition of the France Workwear business from Rentokil Initial.
Trainees spending time in the finance seat were largely working on leveraged finance and found that there was a “high turnover of deals,” which made day-to-day life “very fast-paced.” The team advises both corporate borrowers and lenders on a variety of highly complex, cross-border deals at the upper end of the mid-market. For instance, it recently represented a group of big-name banks including Barclays, Deutsche Bank, Morgan Stanley, and Bank of America in the refinancing and repricing of Entain’s Term Loan B debt, in a matter worth over $3bn.
“You’re definitely given a sense of ownership.”
Typical trainee tasks include drafting ancillary documents, hopping on client calls, keeping on top of client correspondence, and project management. Our sources also reported liaising with local counsel, explaining that “we do cross-border deals so that’s a huge part of the job.” Trainees were happy that “you get quite a lot of responsibility” from the beginning, finding that “you’re definitely given a sense of ownership and given some workstreams that you can really run with, obviously in a supervised setting.” As another trainee put it concisely: “it’s challenging but definitely rewarding at the end of it.”
Trainee life
Culture and environment
- 100%
- Trainees were happy in their current role
- 100%
- Felt they chose the right firm
Data from our annual trainee survey
“Everyone’s super friendly and will make a lot of effort to say hello,” was the general consensus when it came to culture at MWS. Newbies felt that “people really appreciate that you’re a trainee and you don’t know much when you start,” and they had no qualms about asking anyone for help, from associate to partner. There was a strong feeling that “everyone is genuinely there to help and support you.” It helps that there’s a lot of partner-facing time to be had, because “the teams are also quite small, which means that you can work with the partner directly.” Another interviewee agreed that they “didn’t expect how much partner-facing work you can find yourself doing from such an early stage!” Small teams also lend themselves well to a friendly atmosphere: “because there’s only five of us across the two cohorts, everyone is super close,” one insider shared.
“Everyone is genuinely there to help and support you.”
On the social side, the office has a social committee responsible for organising various events, which have recently included a trip to Clays for virtual clay pigeon shooting and a pizza-making session for junior lawyers. Trainees are given a budget from the social committee, which is “a newer thing,” and much appreciated. Alongside this, there’s the Summer Party and Winter Party, which are “increasingly well-attended,” and regular after-work drinks, known informally as sundowners. Once a month, the firm holds a birthday hour to celebrate everyone’s birthdays: “there’s too much cake! I know that’s a first-world problem,” one trainee admitted.
Working patterns
- 3-4 days a week (encouraged)
- Expected office attendance
- ~44 (Varies by seat)
- Typical billable hours in a week
Data from our annual trainee survey
Generally, trainees are in the office for at least three days a week, and mostly four. Fine tells us that although there’s no set requirement for in-office days, “we do encourage our trainees – just as we encourage our associates and our partners – to be in the office as much as they possibly can” to encourage knowledge-sharing and collaboration. Reports on average working hours varied from “probably 40 to 45 hours” per week to “around 60” – sources emphasised it can be quite team-dependent, and in seats such as litigation, “there were a couple of weeks where I did 75 hours, but that was unusual.”
Pay
- £70,000
- 1st Year Salary
- £75,000
- 2nd Year Salary
- 100%
- Were satisfied with the salary
Data provided by firm and our annual trainee survey
Across the board, trainees were very satisfied with their salary relative to the hours they put in. “It’s at the top of the market!” one interviewee said delightedly. “I’m very happy, we’re well compensated,” another shared.
Supervision and training
“Learning-by-doing” is the preferred style of training at MWS, where “you are given as much as you can handle, and the more that you demonstrate that you’re proactive and willing to take on more responsibility, people are happy to give it to you.” Another interviewee agreed that “you have responsibility, but it’s paired with a good level of oversight.” That oversight is provided by supervisors, who sit next to trainees during their first and second seat, and who “always make themselves available to help in any way.” Trainees are given formal mid-seat and end-of-seat reviews, with chances for informal feedback along the way, but our insiders emphasised that “the onus is on trainees to ask for feedback – that’s actually a positive thing because it helps you develop good habits early on in your career.” The quantity of feedback “does fluctuate based on the busyness of the team” and “because there’s a lean team structure, it can fall by the wayside a bit.” Our sources assured us, however, that if you ask for feedback, supervisors and other members of the team will be happy to sit down with you and help you develop: “there’s never been a moment where it’s felt like I’ve been out on my own.”
“You have responsibility, but it’s paired with a good level of oversight.”
There has been a “big drive to restructure the training programme in the past year” according to our interviewees, who were very complimentary about the new regime: “the knowledge management team puts in a lot of work.” Training is both cross-departmental and team-specific, and there are sessions held for juniors and trainees on “the basics.” There’s also a culture of “cross-practice training, where a team will deliver a training to the firm,” as well as visits from external specialists, which have recently included an AI software training session.
Pro bono & CSR
There are “unlimited possibilities!” for pro bono work at MWS, according to our sources, who described a “big pro bono culture” with opportunities for trainees to onboard their own pro bono clients and “the freedom to do the whole process.” As well as being a great chance to take charge of a project, trainees said that pro bono work is “super rewarding.” One interviewee shared that “when we have calls with all the offices, we talk about how we need to give back to the community. That’s something I’m proud to be a part of – a place that actually tries.” Recent pro bono cases have included working with secondary schools and sixth forms to roll out a social action project and advising charities on formation.
Other opportunities include
The Switch: a charity that supports young people through a range of volunteer-based programmes
Inclusion
MWS is “very committed” to encouraging diversity and inclusion, according to our interviewees. A JDEI (Justice, Diversity, Equity and Inclusion) committee hosts a variety of events throughout the year, including a film night, and the firm always turns out to celebrate Pride Month and Black History Month. Other major cultural holidays are marked as well and will often show up in the firm calendar. Alongside this, our sources were enthused by the level of female representation in the higher ranks, with one pointing out that “litigation has just brought in a female partner which is good, because across law firms, litigation is quite male-dominated. It’s good to have a lot of strong women here.”
Mental health and wellbeing is also a focus at the firm, with designated mental health first aiders and advocates in the office, as well as events to raise awareness and invited speakers giving talks on topics such as managing mental health in the legal industry. “It’s not just watching videos, it’s events put on in the office. There’s good attendance, which I think shows the support [for mental health initiatives] across the firm,” one interviewee highlighted.
Qualification
The qualification process at MWS is “more on the informal side.” There’s no qualification test or interview, but there is “an onus placed on you as the trainee to go and have conversations with people,” and it’s best to “be proactive” in the second half of your training contract in indicating your preferred area to qualify into. One interviewee shared that “at the beginning, they said there’s a place for everyone, so you’re not fighting! They’re potentially taking everyone, but they don’t have to, so you have to prove yourself.” Looking longer-term, our sources were positive about the prospect of staying on at MWS: “I matched well with the firm, and they matched well with me. So far, so good!”
- 100%
- Trainees Retention
A new office, coming soon…
The MWS merger will be marked in August 2028 with a hop across the capital from Bishopsgate to Mayfair.
Contact this law firm
Top Figures
- £70,000
- 1st Year Salary
- £75,000
- 2nd Year Salary
- £170,000
- Newly Qualified Salary
- 8
- Training Contract Vacancies
- Undisclosed
- Application Closing Date


