Rodeo
Get started

Private Markets Associates

Trainee Lawyer

London
Posted about 16 hours ago
Sign up to applySee more jobs like this
Get notified of more jobs like this · No spam, ever

How your CV stacks up

1Upload CV
2Analyse CV
3Improve CV

Upload your CV to see how well it fits this job role

?%

Trainee Lawyer – Private Markets Associates

Location: Mayfair, London (fully office-based)
Contract: Full-time, permanent
Salary: Competitive
Websites: privatemarketsassociates.com, h-bay.io

About PMA

Private Markets Associates is a small boutique strategic and structuring consultancy, working across private markets, principally private equity, venture capital and hedge funds. We design and structure funds, fund managers and investment strategies, and lead or assist on M&A, secondary and fund transactions through to closing.

Our ethos: we don't leave the room. We stay with our clients from strategy through execution – and then into their operations.

In addition to what we do at PMA, our sister company, H-Bay, provides entity management and company secretarial services to clients worldwide.

The Role

This is a hands-on trainee role at the intersection of law, strategy and deal execution. You will work directly with PMA's senior team on live mandates, including high-profile transactions, with genuine responsibility from early on. PMA’s team includes UK solicitors with practising certificates.

The role provides legal-services experience that counts towards Qualifying Work Experience (QWE) under the SQE route. Your QWE will be confirmed by an SRA-admitted solicitor. Please note that this is not a traditional offer of a training contract. Study leave and funding for taking SQE1 and SQE2 are not offered under this role.

What You'll Do

  • Support fund formation and structuring work, including drafting and reviewing LPAs, side letters, subscription documents, PPMs and investment management agreements.
  • Assist on M&A and secondary transactions, including due diligence, transaction documents, completion checklists and closing mechanics.
  • Support project management of deals and fund closings, coordinating clients, counterparties and external advisers across jurisdictions.
  • Research legal, regulatory and market issues affecting private equity, private credit, real assets and alternative funds.
  • Support PMA's outsourced General Counsel work for client managers and funds.
  • Contribute to KYC/AML onboarding, internal knowledge resources and PMA insights content.

Reasons to use Rodeo

I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?

Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.

Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.

Start with a chat, not a search bar

Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.

P

Graduate Consultant — 2026 Scheme

PwC·London, UK
£35,000/yr

Why you're a good match

Strong

Your economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.

See breakdown
Save jobNot relevant
View details

It searches the market for you

Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.

Why you're a good match

You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.

See breakdown
Strong

Experience fit

Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.

See breakdown
Strong

Only hits

No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.

Company Secretarial and Entity Management (H-Bay)

You will also support H-Bay's company secretarial work for a portfolio of client entities, including:

  • Incorporations, Companies House filings and compliance deadlines.
  • Maintaining statutory registers and client records on the H-Bay platform.
  • Drafting board minutes and written resolutions.

What We're Looking For

Essential

  • A degree in any subject. A law degree/law conversion is preferable.
  • Ability to work full-time from our Mayfair office.
  • Right to work in the UK.

Skills and Attributes

  • Commercial acumen: a genuine interest in private markets and comfort with fund economics.
  • Drafting precision: clear, accurate writing and strong attention to detail.
  • Project management: able to manage deadlines and multiple parties through to closing.
  • Analytical and research skills: quick to get to grips with unfamiliar structures and regulations.
  • Technology skills: adept at use of AI, as well as fluent across word/excel/ppt.
  • Client-facing confidence: a professional, credible manner with clients and senior advisers.
  • Ownership and resilience: a self-starter, comfortable in a small team and during busy deal periods.

Get help with your application

Your very own career expert that helps elevate your application to the next level.

Get help applying for this job

Desirable

  • Prior experience in a law firm, in-house legal team, investment firm, fund administrator, corporate services provider, consultancy firm or accountancy firm.
  • Exposure to corporate, finance or funds work.
  • Company secretarial or entity management experience.
  • Additional languages, particularly given our cross-border work.

Important Information About PMA's Status

PMA is not a law firm and is not regulated by the SRA, the FCA or any other regulator. However, many members of our legal team are solicitors who are individually regulated by the SRA.

How to Apply

Send your CV, cover letter, and a one-page document (11-point font) answering the three questions below to bd@privatemarketsassociates.com by 9th October 2026. Please note that the closing date may be earlier if we receive a high volume of applications.

  1. What IT/digital experiences do you have (other than AI, or basic office skills such as using Microsoft 365), which can help PMA with day-to-day operations?

  2. What will the typical law firm look like in 5 years, i.e. how might it be materially different from now?

  3. Do you think Europe will ever get close to the US as a place for early-stage tech start-ups to be successful or scale? Explain why.

Use of AI in your application is permitted for spell checking and research. However, excessive use of such tools will detrimentally count towards your application.

Good luck!

Trusted by 25,000+ job seekers

“It took my CV and asked me questions relevant to understanding what kind of jobs to suggest for me. Suggestions were almost perfect. Jobs were exactly what I’ve been looking for.”

Jessica, London

Get help applying for this job

Location

London, England, United Kingdom

Sign up to applySee more jobs like this