How consulting works.
The process is quite straightforward and can be easily managed by an accountant. We’ve outlined the key steps below for each of our regions, as well as answers to some of the questions we most often hear from candidates.
Frequently asked questions
What is Peerpoint?
Peerpoint by Allen & Overy is the global platform for self-directed consultant lawyers who want to develop their careers through access to the best work, clients, experts and resources.
Why should I join Peerpoint?
Peerpoint will give you control over how, when and where you work. The Peerpoint team works closely with you to understand your goals and ambitions, and what you want to achieve with each role.
What does it take to become a Peerpoint consultant?
You should be an ambitious lawyer, keen to develop your career outside the traditional partner or general counsel route. You might want more control, challenge, variety or balance – but whatever your motivation for becoming a consultant, you do not want to compromise on the quality of your work or ambitions. You are highly skilled, with magic circle or top-tier law firm pedigree and at least four years’ post-qualification experience (ideally with some time spent working in-house).
What kind of work will I do?
As a Peerpoint consultant you may take on assignments with A&O or with clients. The client development team at Peerpoint will discuss the types of roles you are looking for and carefully match you to suitable opportunities. Client assignments span senior manager cover, stepping into a team to cover projects, working on major transactions or regulatory change projects and implementation. These range between two to six months or longer in duration and tend to require working a minimum of four days a week. After each assignment, it is up to you how much time you take off between assignments. Working within A&O may involve supporting teams when needed or joining them for fixed periods to work on a specific deal. When we invite you to join the panel we are confident of the demand in your area, however we cannot guarantee work.
How much will I be paid?
During the interview process we will discuss with you current market rates and how much you can expect to be paid. For each assignment the client team will discuss and agree with you a daily or hourly rate depending on the type of assignment that reflects your experience, skills and market. As part of our ongoing support, our team discusses how to progress your career and reviews rates as both your experience and the market evolve. For each assignment, your personal company invoices Peerpoint for the work you have completed. You will usually complete a time sheet on the assignment to confirm with the client the days or hours you have worked that month.
When working with clients you will usually receive a day rate for the days you work and, when working with A&O, you will receive an hourly rate for the hours you spend working on the assignment.
What sort of support will I receive from Allen & Overy and Peerpoint?
As soon as you join our panel, you’ll be able to access Allen & Overy know-how and be invited to consultant networking and training events. Once you have an assignment confirmed, you will have access to PLC, Lexis Library & PSL and Westlaw UK. Whatever your skills or specialism, there is a wealth of resources on hand to ensure you are always fully equipped to do your best work.
On every assignment you are fully supported by Allen & Overy’s network. We prepare and brief you for interviews and ensure you have all you need to be up and running on day one of an assignment. We schedule regular check-ins with you and with the client to ensure everything is running smoothly, and you’ll have a direct line to an Allen & Overy sponsoring and technical partner for help or advice throughout.
Peerpoint are always on hand, whether you want to discuss your next opportunity or how best you can progress and develop. Whatever you need, our bespoke support will ensure you’re never going it alone.