Home Legal Firm Profiles- Hogan Lovells

Firm Profiles- Hogan Lovells

by Aaron Singh

An introduction:

The UK and US have shared a rather “special” relationship over the years. This special relationship has given way to numerous transatlantic partnerships, with global behemoth Hogan Lovells showing a striking example of this. The firm’s current iteration was formed on May 1, 2010, by the merger of the American law firm Hogan & Hartson and the British law firm Lovells. This merger granted an extensive international network to the firm and a swathe of new cross-border opportunities.

With an office at London’s Atlantic House, an array of amenities are provided to Hogan Lovells employees, along with a backdoor entrance to the wine bar Vivat Bacchus.

The firm is particularly notable for its upwards attitude towards social mobility, strong culture, and great quality of work. Compared to its competitors in London, hours are known to be relatively respectable at Hogan Lovells, too. This combination forged by the “special relationship”, offers a truly “special opportunity”.

Facts about the firm:

  • As of February 2021, profit per equity partner stood at $1.97m. This equates to roughly £1.4m, as of the 18th of August. Hogan Lovells has a strong record regarding internal promotion, so a chance at equity is eminently possible. This profit per equity partner was matched by a global revenue of $2.3bn.
  • Hogan Lovells has two domestic offices- in London and Birmingham. This is matched by a whooping 48 overseas offices in 26 countries. This may give way to international secondment opportunities, so keep passports at the ready.
  • The firm typically doles out 50 training contracts per annum. Though be warned that competition is fierce, with around 3000 applications made per annum for the training contract and vacation scheme programmes. Recruitment is performed on a rolling basis, so try to stay on top of the application process.
  • Due to recent pay rises, rookies at Hogan Lovells now earn the same as their peers in the Magic Circle. 1st-year pay stands at £47.5k, 2nd-year pay stands at £52k, while NQ pay stands at a whooping £100k, with the potential for a bonus of up to 35%.
  • The firm runs just two vacation schemes per annum, with roughly half of its trainees recruited from these. Make sure you’ve done your research on Hogan Lovells’ practice groups, industry sectors, and deals.

Key practice areas:

A completely full-service law firm, Hogan Lovells is strong in almost every area of commercial law imaginable. Seat options on offer to trainees include:

  • corporate & commercial regulatory; general corporate; private equity; real estate; pensions; investment funds & insurance regulatory; tax; competition, public and EU law & international trade; business restructuring & insolvency; international debt capital markets; banking & loan finance/banking – infrastructure, energy, resources & projects; infrastructure, energy, resources & projects; commercial litigation, financial services and investigations; commercial litigation, product insurance law and regulation; corporate litigation, fraud and investigations; international arbitration and construction & engineering; real estate – disputes; employment; intellectual property and technology.

Notable recent deals/cases:

  • Hogan Lovells coordinated the Policy & Regulation chapter of Ron Kalifa OBE’s five-point plan published today as part of the UK FinTech Strategic Review.
  • Hogan Lovells is, together with New York law firm Cravath, Swaine & Moore, advising NYSE-listed firm AmerisourceBergen Corporation on its US$6.47 billion acquisition of Walgreens Boots Alliance, Inc.’s Alliance Healthcare wholesale distribution business in Europe.
  • Hogan Lovells Energy and Natural Resources Group (ENRG) advised the Sustainable Engineering Solutions Business Unit of MYTILINEOS S.A. on the engineering, procurement and construction of the Protos Energy Recovery Facility in a joint venture with Standardkessel Baumgarte GmbH, one of the largest energy from waste (EfW) new builds in the United Kingdom.
  • Hogan Lovells secured a major win for its client Uber, securing the firm’s right to continue operating in London.

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