University of Nottingham Commercial Law Centre

Placement Opportunities

Current placement opportunities

 World Bank logo

The University of Nottingham School of Law, the Commercial Law Centre and Faculty Placements are continuing their partnership with the World Bank Group to provide an unparalleled paid internship opportunity for one LLM student in 2022.

The World Bank Group, headquartered in Washington D.C., provides financial and technical assistance to emerging markets around the world with the overall mission to reduce poverty. The World Bank Group’s Finance, Competitiveness and Innovation Global Practice (“FCI”) assists governments of developing countries and transition economies in strengthening their markets and financial sectors to encourage private sector development, financial sector stability and increased foreign investment.

The Insolvency and Debt Resolution team within the FCI is seeking applications for an internship lasting between 8 to 12 weeks, starting in September 2022 (following the LLM dissertation submission date). The intern will be based in the Headquarters of the WBG in Washington D.C.,[1] and may have the opportunity to participate in a ‘Mission’ travel to an overseas country to support the work of the World Bank, if the WBG’ policy allows it at the time of the internship (policies are regularly updated following the COVID-19 situation). The internship covers the cost of accommodation and living in Washington D.C, with the intern responsible for securing their own health insurance.

In case of a potential change of circumstances due to Covid-19 restricting international travel, it is possible that the placement will be organised remotely and will be linked to the LLM dissertation module.

Insolvency and Debt Resolution Team (Team)

The Insolvency and Debt Resolution team assists governments in improving their credit environments through the development of more effective insolvency systems. This is achieved through international standard-setting, detailed diagnostics and technical assistance for effective implementation of insolvency laws.

The Team’s work helps to save viable businesses, while allowing failed businesses to "exit" the market efficiently and effectively. Ultimately, this increases stakeholder recovery (banks and other creditors), helps facilitate NPL management, reduces dependency on the courts for debt recovery, and saves jobs through the preservation of "enterprise value" via solid restructuring regimes.

The Team’s core focus areas are the following:

  • Technical Assistance: the Team provides technical assistance to countries in all regions of the world, which are interested in strengthening their insolvency frameworks.  This work is varied comprising both legislative and institutional reforms and involves working with different stakeholder groups across government, the private sector and the judiciary.
  • Diagnostics and assessments: the Team conducts regular assessments of countries’ insolvency frameworks either on standalone basis or as part of detailed diagnostics in collaboration with the International Monetary Fund, called financial sector assessment programs (FSAPs).
  • Effective Insolvency and Creditor/Debtor Regimes Standard Setting: the Team works together with the United Nations Commission on International Trade Law (UNCITRAL) to set standards for effective insolvency regimes. The World Bank Principles for Effective Insolvency and Creditor/Debtor Regimes together with the UNCITAL Legislative Guide on Insolvency are the designated globally-recognized benchmarks for effective insolvency regimes.
  • Research and Knowledge: the Team works to advance knowledge in the area of Insolvency and Debt resolution through the analysis of best practices, engaging in research and convening conferences and workshops.  The Team holds a number of strategic partnerships for many of these initiatives with different multilaterals and institutions specializing in insolvency reform, including UNCITRAL, INSOL International, the European Bank for Reconstruction and Development and the OECD.

Duties and deliverables

The intern will work under the direct supervision of a member of the Insolvency & Debt Resolution team, and will assist with the following tasks:

  • Performing analytical research and assisting with the preparation of project documentation in the following areas of law: insolvency, secured transactions, commercial law and Alternative Dispute Resolution for both internal and external audiences
  • Assisting with the review of relevant laws and preparing analysis in the above-mentioned areas of law and key sectors
  • Accompanying members of the Team during meetings with government officials and client contacts which may require travel
  • Assisting with the organisation of knowledge management and dissemination events such as workshops, peer-to-peer learning events and deep dives
  • Other tasks as instructed by the Team

Selection criteria

This presentation (PDF) may be useful for those thinking of applying.

Applicants are required to be enrolled in a LLM postgraduate law degree. A background in finance, accounting, data management or policy development is an asset.

 In addition, one intern will be selected based on:

  • Demonstrated academic and research abilities (preferably in the field of insolvency, secured lending and/or Alternative Dispute Resolution)
  • Demonstrated interest in restructuring and insolvency law, or related area of the law
  • Demonstrated interest in international issues
  • Demonstrated initiative, commitment and ability to handle multiple tasks in a businesslike manner, and
  • Ability to speak more than one language is considered an asset

How to apply

  • Please email your CV and a one page covering letter to law@nottingham.ac.uk by 5pm on 14 March 2022
  • Interviews of shortlisted candidates will take place in the week beginning 4 April 2022

[1] Please note that the WBG requires proof of Covid-19 vaccination to enter any of its buildings, as of October 31, 2021. There is an alternative option of weekly testing for unvaccinated staff. This policy may change in 2022 and we will update you accordingly.

 

Advice and guidance on undertaking ‘remote-working placements

In 2020, Margaux Seeuws undertook the World Bank Group placement via remote working. Read Margaux's blog for hints and tips about her placement experience and how the placement works remotely.

Additionally, the university's Careers Service has provided guidance, further blogs and testimonials from students who have recently undertaken remote/online placements.

Past placements

UNIDROIT

The application window for the 2022 UNIDROIT Scholarship and Internship Programme has now opened.

In 2022, UNIDROIT will grant a limited number of research scholarships to outstanding postgraduate (doctoral) law students, lawyers, academics and government officials to undertake two months of research at the UNIDROIT library in Rome. UNIDROIT will also offer internship opportunities for exceptional later year undergraduate and postgraduate law students to work with the UNIDROIT Secretariat in Rome for a period of three months.

Some but not all scholarships and internships are funded by modest stipends. Further details regarding the Programme, including how to submit an application, selection criteria, application timelines and a list of priority UNIDROIT projects is available on the UNIDROIT website at the link above.

UNCLC Research Assistant

The University of Nottingham Commercial Law Centre is appointing Interns/Research Assistants to support the activities of the centre. Applications are solicited from the LLM and final year LLB students with interest in commercial law.  

The World Bank Placement

The placement will take part in both The World Bank group's Washington DC Headquarters as well as time outside the US on 'Mission' in a relevant client country.

Outside of Oxford University, this will be the first time The World Bank Group are partnering with a UK university on placements.

The World Bank Group Internship

The World Bank Group, headquartered in Washington D.C., provides financial and technical assistance to emerging markets around the world with the overall mission to reduce poverty. The World Bank Group’s Finance, Competitiveness and Innovation Global Practice (FCI) assists governments of developing countries and transition economies in strengthening their markets and financial sectors to encourage private sector development, financial sector stability and increased foreign investment.

The Insolvency and Debt Resolution team within the FCI is seeking applications for an internship, based in the Washington D.C. office, starting in September 2020 following the LLM dissertation submission date. The internship would last between 8 to 12 weeks and the intern can return to the UK for their graduate date in December. Whilst on the internship it is highly likely that the intern would participate in a ‘Mission’ to an overseas country to support the work of The World Bank. The World Bank organises the missions and covers the relevant costs.

The intern will is also responsible for securing their own health insurance while living in Washington D.C.

Insolvency and Debt Resolution Team

The Insolvency and Debt Resolution team assists governments in improving their credit environments through the development of more effective insolvency systems. This is achieved through international standard-setting, detailed diagnostics and technical assistance for effective implementation of insolvency laws.

The team’s work helps to save viable businesses, while allowing failed businesses to "exit" the market efficiently and effectively. Ultimately, this increases stakeholder recovery (banks and other creditors), helps facilitate NPL management, reduces dependency on the courts for debt recovery, and saves jobs through the preservation of "enterprise value" via solid restructuring regimes.

 

University of Nottingham Commercial Law Centre

University of Nottingham
University Park
Nottingham, NG7 2RD


email: unclc@nottingham.ac.uk