Matthew Powell
Matthew studied Law at Oxford and joined Linklaters as a
Trainee in September 2004. He’s now an Associate in our Corporate
department and has enjoyed a secondment to Eastern Europe as well
as spending two years in Dubai.
Choosing Linklaters.
There were many reasons why I chose to Join Linklaters, but
three really stand out. First, there’s the level of control I had
over my training. I knew that by the end of my first seat I would
have worked with HR to produce a seat map for the remainder of my
training contract. I liked knowing where I was going in advance,
thereby removing the lottery-style surprise at the end of each seat
that can exist at other firms. Second is the people. I like working
with smart, engaging, interesting colleagues who constantly
encourage you to raise your standards. Finally, the international
nature of the work. I enjoy the challenges that cross-border deals
involve, and the opportunities to work outside of London were, and
still are, extremely attractive.
Immersing myself in global work.
As a trainee, I worked in Eastern Europe for six months. In many
emerging markets we need to take complex transactions back to first
principles, and apply best practices where none exist in order to
drive a deal forward. I really enjoy immersing myself in these
transactions, and the rise of Dubai and the Gulf region offered me
another chance to do just that. I moved to Dubai on secondment in
the summer of 2007, at just under a year qualified.
As soon as I arrived, I was thrust in the middle of the first
public merger in the UAE. It was a high-profile deal for the
region, doing something that hadn’t been done before. After two
days in the office, I was sent to the Dubai Financial Market (the
local stock exchange) to discuss certain aspects of the structuring
of the deal. It was a bit daunting to be given something like that
so soon into the secondment, but you take it in your stride, and go
back to the first principles that you’ve been taught in your
training. I loved it.
Being at the centre of deals in the Middle East.
Dubai acts as a hub for the region, so I was also involved in
several transactions outside of the UAE too, including the IPO of
Royal Jordanian Airlines, a telecoms joint venture in Nigeria, and
the sale of a stake in Sabafon, the mobile operator in Yemen. I
also worked on deals in Lebanon, Saudi Arabia, Bahrain, Oman,
Palestine and Iran
A rewarding experience.
Linklaters is incredibly meritocratic across its network, so as
long as a partner felt I was up to the challenge, I was given the
work irrespective of seniority. In emerging markets, there isn’t
necessarily the same desire for lengthy documentation that you
might find in more established jurisdictions. The challenge is to
draft succinctly without compromising the integrity of your
client’s position. Ex-pat life is a lot of fun, too. Living in the
sunshine is always nice, and there’s a real collegiate feel amongst
your friends who are all in a similar situation to you.