In House Lawyer - BAU - Conflicts

Allen & Overy

3mo ago

Job
Full-time
Mid Level
Legal
New York

AI generated summary

You must have conflicts of interest experience, J.D., strong academics, international firm background, mentoring potential, commercial mindset, analytical skills, task management, enthusiasm, and self-motivation.
You will analyze and resolve conflicts relating to business acceptance, engage with stakeholders, draft waivers, review conflicts for lateral hires, and assist in policy development and staff mentoring.

Requirements

Experience in relation to conflicts of interest within a law firm environment is essential.
J.D. required. Preferably admitted in NY, DC, or CA
Must have strong academic background.
International experience with a leading top tier firm is highly advantageous with a strong background in multi-jurisdictional transactions or dispute resolution.
Interest in, and potential for, developing mentoring skills.
Commercial mindedness and possession of a strong legal skill set.
Ability to analyze facts and scenarios thoroughly (and yet quickly) and proactively to put forward resolutions
Excellent task management skills and a proven ability to manage multiple tasks under time pressure.
Enthusiastic, self-motivated, and proactive.

Responsibilities

Analyzing and resolving professional, legal, regulatory and commercial issues relating to business acceptance and client engagement which are referred by business acceptance analysts and by partners and all other levels of lawyer and support staff, focusing on business/commercial conflict issues and professional and legal conflicts issues.
Undertaking an initial assessment regarding anti-money laundering, sanctions, reputational and suitability issues that arise in the assessment of new business and working with specialist teams within the BAU to resolve such issues.
Referring commercial issues to relevant stakeholders, including practice group heads and office/regional heads.
Exercising judgment as to when to refer business acceptance issues to the Global Head of Business Acceptance and/or other senior BAU members such as the Head of Financial Crime and Sanctions and facilitating the resolution of any such issues referred.
Responding, and managing the team's responses, within particular timeframes, to partners’ and fee earners’ requests relating to business acceptance and client engagement to ensure the service level expected by partners is met.
Drafting waivers and consent language required in the resolution of conflicts of interest issues.
Reviewing and analyzing conflicts of interest issues with respect to incoming lateral hires.
Assisting with lateral hire on-boarding, including the coordination of matter opening for transferred matters.
Assisting the Engagement Terms team within the BAU with reviewing and drafting conflicts of interest provisions within engagement terms, client relationship terms and client panel terms.
Monitoring changes in practice, professional rules, regulations and the law as affects business acceptance and client engagement globally so that these can be reflected in the business acceptance and client engagement process and policies.
Assisting in the creation and maintenance of precedents and know how resources for use within the business acceptance and client engagement team and the development of appropriate business acceptance and client engagement know how (e.g. briefings) for use throughout the firm.
Mentoring, supervising and assisting in the management and development of the Business Acceptance Unit's Analyst and Administrative staff.
Assisting in the creation, ongoing development and implementation of the firm's global business acceptance and client engagement policies, processes and systems.
Intervention to issue directions on specific formalities required for business acceptance purposes
Assistance in monitoring information barriers
Assisting in the design, implementation and delivery of training presentations and other development programs for lawyers and support departments regarding risk management and, in particular, business acceptance and client engagement.
In relation to all the above, reporting to the Global Head of Business of Acceptance.

FAQs

What is the main focus of the role of In House Lawyer - Conflicts?

The main focus of the role is to provide high quality, proactive business-focused support and solutions to colleagues on a variety of commercial and complex regulatory issues, with a main emphasis on conflicts of interest and business acceptance matters.

What are the key skills needed for this position?

The key skills needed for this position include the ability to develop strong working relationships, be a trusted adviser, and have a proactive approach to problem-solving.

What is the importance of being accessible and a "go to" person in this role?

Being accessible and a "go to" person is important as it allows for quick resolution of queries and concerns from colleagues around the world, ensuring timely and efficient support.

What are some of the regulatory issues that the In House Lawyer - Conflicts may deal with?

The In House Lawyer - Conflicts may deal with a variety of regulatory issues, such as conflicts of interest, business acceptance matters, and other commercial and complex regulatory issues.

Allen & Overy

International Law Firm with Global Reach

Law

Industry

1001-5000

Employees

1930

Founded Year

Mission & Purpose

Allen & Overy is a global law firm that helps the world’s leading businesses to grow, innovate and thrive. For almost a century, we have built a reputation for our commitment to think ahead and bring original solutions to our clients’ most complex legal and commercial challenges. At a time of significant turbulence in the business world, we are determined to help our clients embrace change, confidently expand into new markets and keep on top of ever-more complicated regulatory frameworks. To do this, we will harness our global strength and local knowledge. We will drive towards our vision to become the world's most innovative law firm. And we will continue to create an environment where the brightest minds can flourish.