Q&A
What type of work does your team do and for what type of clients?
The Auckland Financial Services team (part of the wider Banking and Financial Services team) does a wide range of work for many different types of clients. Essentially our remit is anything to do with financial services – so our clients include fund managers, insurers, banks, FinTech companies (e.g. payment services or digital asset/crypto companies) or large corporates with certain requirements such as AML/CFT compliance, financial reporting or, more recently, climate reporting.
Our work includes regulatory advice in relation to the provision of financial services, setting up investment funds (such as KiwiSaver schemes or venture capital funds), drafting and reviewing offer documents, engaging with regulators to seek exemptions for specific clients. We also get involved in M&A transactions where the deal has a financial services element to it.
What do you most enjoy about the team / the work?
The Financial Services team environment is really supportive. I am always challenged to push my boundaries which has ultimately lead to a huge growth in my confidence. All of my questions, big or small, are taken seriously and I am made to feel like the work I am doing is important and purposeful.
In terms of the work itself, I love that we are often advising on the ‘new’ – whether that is a new client bringing a unique product or service to the market, or new legislation that is intellectually challenging to get your head around. The financial services industry is highly innovative and it is a lot of fun to help exciting ideas come into fruition.
What has been the highlight of your time here so far?
I have really enjoyed working on climate-related matters, as it has given me many opportunities to have direct contact with clients and develop my professional skills. Climate-related disclosures is a new legal regime requiring large companies to produce climate reports about the risks and opportunities of climate change for their business, and how they will adapt to our changing environment. The best part about new regimes is that you do not have to be 20 years into your career to be considered knowledgeable – because everyone is learning along with you! We also help companies ensure they are only making environmental, social or governance (ESG) claims that are legitimate and achievable to avoid ‘greenwashing’, a social issue that is definitely trending at the moment.
What makes MinterEllisonRuddWatts a great place to work?
From day one I could tell that MinterEllisonRuddWatts had a warm and friendly atmosphere, thanks to the wonderful people, fun social events and amazing amount of support we receive. There are many helpful trainings and initiatives, including the MentorME programme where you are paired up with a more senior lawyer in a different team. You meet with this mentor throughout the year to seek their advice on anything or just learn more about other practice areas. MentorME plus the buddy system within your team means that you never feel like you have no one to turn to.
What was the biggest challenge when you first started working here?
As a fresh new law clerk, you want to be doing your absolute best work every day despite learning new things constantly and tackling tasks you have never done before, all while adjusting to full time work. This was initially overwhelming and it is easy to put pressure on yourself. I soon realised that there is a lot of breathing room for this adjustment and everyone is rooting for you, and most of your colleagues have been in your exact position. If you are showing up for the team each day and giving everything your best shot with enthusiasm – you are doing great!
What is your advice to someone who might be considering working at MinterEllisonRuddWatts?
MinterEllisonRuddWatts doesn’t take a cookie cutter approach as to who could be a good fit for a role at the firm. While it is easier said than done, try not to stress about putting yourself in a box as to the typical person you think they would want to hire – of course academic skills are important, but don’t be afraid to highlight your quirks and interests outside of university study that sum up who you are as a person. Chances are, the skills you learn from these activities will come in handy at a law firm one way or another!