Trainee Days – Commercial Property (January 2016)
This week the Cripps Pemberton Greenish in a Day team caught up with trainee Tessa, currently undertaking a Commercial Property seat, specifically within the Investment team:
Tessa’s Cripps Pemberton Greenish in a Day
8.30am: I arrive at work and begin by checking my email, responding to queries and flagging anything which needs to be followed up. I then update my to-do list with new work which has come in. A colleague has given me a lease which needs to be registered quickly because the priority period protecting our client’s interest is about to run out. I start my day by gathering the relevant documents and drafting an AP1 to register the lease. Due to extensive plans being attached the facilities team reduce the file size so it can be uploaded to the Land Registry portal.
9.30am: Today is the last Friday of the month which means it is ‘dress down day’ and trainees go around the office collecting donations for the firm’s charity of the year. I go around my floor collecting donations and then pass the collection to the charity treasurer.
9.35am: I have been asked to do some research about whether a licence or an easement would be the more appropriate way to give effect to a client’s plans. I produce a brief report in which I suggest a licence and give the reasoning behind my conclusion.
10.20am: A client’s lease completed a few days ago and stamp duty land tax (SDLT) is payable on the transaction. I draft the SDLT return and send it, alongside a breakdown of the calculation, to the client for approval before I submit it to HMRC on their behalf. I then draft an AP1 to register the lease and while I do this I research whether it is necessary, and if so then how, to register a section 106 agreement when I register the lease.
12.15pm: A client has emailed requesting something vague and so I call him to establish exactly what is required. Having discovered what is needed, I draft a letter to be sent out to him during the afternoon.
1.00pm: I meet a few other trainees for lunch, we often go into the centre of the town where there are many places to eat and good places for shopping.
1.50pm: A colleague has asked me to draft a lease report for a client. This involves identifying key terms of the lease and also highlighting amendments made by deeds of variation and a supplemental lease. The task requires a thorough consideration of all the relevant deeds.
3.55pm: This is my first seat and I have several online courses and assessments to complete as part of my training for the Law Society. I have blocked out a few hours to do this today and complete the Leasehold course and assessment (one of the conveyancing quality scheme courses).
5.40pm: I email the Land Registry to ask about some title registrations which we have not yet received. My final task for the day is to chase the lawyer on the other side of a transaction – we have been waiting for their comments on a draft licence for some time; I send a polite email enquiring about progress so that I can give our client an update.
6.00pm: I update my to-do list (and check there are no remaining tasks which need to be done today) and then head to the station.
More about Tessa
Name: Tessa Cumming-Bruce
Current Seat: Commercial Property (first seat)
Location: Tunbridge Wells
Previous Seats: N/A
Studied: St Andrews; GDL at Kaplan; LPC at University of Law in London
Outside of work, I can usually be found with friends or family, out and about if sunny and in the pub if not!
Favourite Film: The Lives of Others