Legal Counsel

Legal & General is one of Europe’s largest asset managers, providing clients and partners with complex, responsible investment solutions, across public and private markets. As a global investor, we are present where our clients most need us – from Hong Kong and Singapore, to Chicago and major European financial hubs.

Created by combining our investment management (LGIM) and asset origination (LGC) capabilities, our Asset Management division works with our Institutional Retirement and Retail divisions to benefit our clients and customers – which include individual savers, pension scheme members and global institutions – and deliver enhanced shareholder returns.

Joining us means becoming part of a market-leading team, with capabilities across the full spectrum of asset classes, with an enduring commitment to responsible investment and creating long-term, sustainable value for our clients and partners.

We’re recruiting for a qualified solicitor or lawyer to join us as Legal Counsel. We’re offering a competitive base salary, plus car allowance. You will be supporting the Head of Legal (Distribution) in delivering a first class legal service to the Distribution function of the L&G Asset Management division.

You will be providing assistance on a wide range of legal issues that affect the L&G Asset Management business, predominantly relating to the distribution internationally of our public & private market funds, and the negotiation of segregated investment management agreements (IMAs).

You will be expected to work with a high degree of energy, proactiveness and accountability. You will need to be motivated, resilient and enjoy challenges. An ability to explain complex legal and regulatory concepts to non-lawyers will be crucial.

Advising on and negotiating IMAs for large institutional investors

• Advising on, drafting and negotiating material agreements related to the distribution of L&G private & public market funds
• Being the legal representative to stakeholders within the business relating to all distribution related matters
• Drafting, negotiating and amending client-facing, ranging from bespoke high value to template, agreements, particularly for international clients
• Drafting, negotiating and amending all service provider contracts relating to the marketing and distribution of funds
• Providing assistance and legal support to all our European and Asia offices, particularly in relation to the distribution of our products and services

• Assisting on ad hoc projects (internationally or firm-wide)

Who we're looking for:

• Solicitor / lawyer qualified in England and Wales, Scotland, Ireland or in a jurisdiction in the European Union
• 3+ years PQE, with relevant training and experience gained in private practice or in-house
• Excellent technical knowledge of legal issues relating to the distribution of investment funds and the negotiation of segregated IMAs, with specific experience of private funds being particularly advantageous. We are however open to consideration of candidates coming from a Corporate background who are interested in reskilling as an investment funds lawyer with a focus on the commercial and distribution of aspects of funds which this role requires, as opposed to funds formation or regulatory matters
• Excellent interpersonal and communication skills
• Ability to deal with senior stakeholders across the business
• Language proficiency in Italian or German would be a bonus, but not required
• For the right candidate, we are willing to consider a 3-4 day working week arrangement

Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer: 

• The opportunity to participate in our annual, performance-related bonus plan and valuable share schemes  
• Generous pension contribution  
• Life assurance   
• Private medical insurance (permanent employees only) 
• At least 25 days holiday, plus public holidays, 26 days after 2 years’ service. There’s also the option to buy and sell holiday 
• Competitive family leave 
• Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice 
• There are the many discounts we offer – both for our own products and at a range of high street stores and online   
• In 2023, some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart 

Legal & General is a leading financial services group and major global investor, named Britain’s Most Admired Company in 2023, for the second year running. Rated top in our sector and top for inspirational leadership, we have a strong heritage and an exciting future.

We aim to build a better society for the long term by investing our customers’ money in things that make life better for everyone.

If you join us, you’ll be part of a welcoming culture, with opportunities to collaborate with people of diverse backgrounds, views and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.

We strive to be open, mindful and inclusive, so are always willing to discussing flexible working arrangements and reasonable accommodations for candidates with specific needs.

If you’re open to find out more, we'd love to hear from you.