A day in the life of a private client trainee

7 September, 2018
by: Cripps Pemberton Greenish

This week the Cripps Pemberton Greenish trainee blog team caught up with Tom Bushell. Tom is currently completing his second seat with the non-contentious private client practice at Cripps Pemberton Greenish.

08:45 I arrive at work and make a cup of tea before reviewing my 

emails and highlighting any urgent jobs on my to-do list.

09:00 I have been asked to attend a meeting at 09:30 to act as the second witness to a Will signing. The client will also be signing Lasting Powers of Attorney (LPAs) at the meeting. I have already prepared signing copies of the documents, and I give these one final check to make sure all is in order.

09:30 The meeting is fairly short as the client has already approved the documents in advance. Once the Will has been signed we turn to the LPAs. Care must be taken to make sure these are completed correctly, as the slightest omission can lead to the documents being rejected. With the signing complete, I prepare an attendance note to record the meeting. 

10:30 One of the partners has asked me to do some research on domicile for an upcoming team know-how session. I find this a fascinating subject with  huge bank of existing case law. My research focuses on how individuals may lose and then reacquire their domicile of origin through their connections at home and overseas. I set out my findings in a detailed memo, to be circulated at the know-how session. 

12:30 A long-term client of the firm has been in touch to discuss inheritance tax planning and making updates to their Will. I review the client’s current Will and the notes from previous meetings. I then prepare an agenda setting out the key points to be discussed at the meeting. Trainees in this team benefit from a huge amount of client contact, especially meeting with clients face to face. I am always impressed by the way my colleagues tailor their advice so that it is accessible to the client. Sometime this can be a benefit for me too!

13:00 I head into town with some of the other trainees to pick up some lunch. I should really have brought something from home but with so may options close by it’s hard to resist!

14:00 I attend another meeting with a partner from the team. The clients are of high net worth, with a range of foreign assets and business interests. We have been instructed to advise on new Wills and tax planning. The meeting covers a number of interesting topics, including Business Property Relief and the application of the Wills to their foreign property. I prepare a detailed attendance note of the advice given, which will be sent to the clients with their draft Wills.

16:30 As today is the last Friday of the month we have a team meeting followed by ‘Prosecco Friday’. This is a great opportunity to catch up on what everyone has been up to over the past few weeks.

17:30 I update my to-do list for Monday and finalise my time recording. This weekend I am heading to Cornwall to go surfing with friends from my GDL course. Having abstained from the fizz at our meeting, I begin the long drive down to St Ives.