The Legal Cheek View
3VB is a leading commercial set, with particular strengths in banking, financial services, commercial dispute resolution, and civil fraud. Other practice areas handled by the 98 tenants at the set include professional negligence, commercial chancery, and information technology, among others.
A heavyweight set with cases involving figures into the billions, tenants at 3VB provide specialist advice and advocacy services both domestically and worldwide. Members have appeared in the Cayman Islands, Dubai, Cyprus, and Abu Dhabi, to name a few — we’re not jealous at all! Arbitration is also an ever-growing area of expertise for the set, with 3VB developing a reputation as one of the premier sets for public international law matters.
Tenants at 3VB describe that they take on “top flight international commercial and banking work” with “lots of legally complex problems, interesting facts and challenging clients”. Indeed, members have acted in blockbuster banking cases including the collapse of the Lehman Brothers and the Icelandic banks. More recent exciting cases include Chloë Bell successfully resisting the enforcement of an arbitral award in the English Commercial Court on grounds of public policy. The case concerned trading on the Kraken cryptocurrency trading platform. Meanwhile, three tenants teamed up to appear in the Supreme Court in a long-running insolvency dispute against former bankrupts and partners in a partnership in liquidation. We’re pleased to say they were successful!
On top of all of this, 3VB has its own International Advisory and Dispute Resolution Unit (IADRU), launched in 2019, to support members of Chambers providing pro bono and quasi pro bono services in the international arena.
The figures in some of these cases are eye-watering. Whether it be Adrian Beltrami KC and Hannah Glover successfully acting for the EU in €135m loan dispute with Syria or Rumen Cholakov successfully obtaining the dismissal of a strike out application in a crypto-related action worth over US$1 billion, the numbers can certainly be intimidating. One junior notes that the work is “extremely challenging, but very diverse”. The reality for juniors, however, is that they will be taking on a variety of work, both more or less valuable, led or unled.
One junior tenant points out that how stimulating the work is depends on what sort of work you’re doing, citing “arguing a new point of law versus document review” as an example. While the big cases are appealing, a junior tells us that this valuable work, which tends to involve being led by a KC, inherently leads to the junior barristers working on the case “spending limited time on their feet”. There are, however, opportunities for advocacy at the junior end in smaller County Court matters.
The quality of the work taken on by tenants at 3VB does come at a price — like most commercial sets, you can expect to work between 50-59 hours in an average week. We are told that “work is unpredictable and can be very stressful” but that there is “a huge amount of respect for holiday — if you say you are not around, that will never be called into question by practice managers”. Ultimately, we are told that “3VB lets you develop the style and intensity of practice that each member wants”.
The set also ensures juniors aren’t just thrown in at the deep end without armbands. Throughout pupillage, pupils receive “invaluable” and “very practical” training with “helpful feedback”. We are told though that “there is always more to learn”. If you find yourself struggling, you can expect support from senior silks. The “collegiate atmosphere” and “open door policy from the top silks to the baby juniors” are praised by tenants at the set. One insider tells us an anecdote where he was pacing the 3VB halls thinking about a case one evening, when one of the set’s KCs spotted him and invited him to start chatting: “Hours later at 10pm we were in his room debating the point and pulling out authorities together. It was immeasurably helpful and hugely generous.”
Other support comes in the form of monthly one-to-one counselling/wellbeing sessions with a professional counsellor, frequent internal talks and seminars on wellbeing, and a generous flexible working policy. The set also have an extensive parental leave policy covering chambers rent, expenses, and the support available before, during, and after taking leave.
Outside of work, there is a “good rapport” among the 98 tenants at 3VB. We are, unsurprisingly, told that social life “suffered during the pandemic but it is reviving now”. We hear that the junior end in particular is “very collegial” with plenty of opportunities for informal coffee or drinks. There are a “reasonable amount” of larger events organised, such as the annual summer and Christmas parties, as well as cheese tastings! This is, of course, all in addition to the regular breakfasts, lunches, and afternoon teas put on for barristers by the set.
3VB’s buildings overlook peaceful Gray’s Inn Gardens, giving tenants some of the loveliest thinking spaces in legal London. The old period buildings —currently undergoing a full refurb — provide “a modern workspace with an old-world charm”. Since the refurbishment started, the facilities available have improved. 3VB rookies highlighted the “good-sized to very large” individual rooms. Tenants also praised the “excellent facilities for meetings and great support staff for IT, billing and facilities management”. One tenant does however bemoan the old-fashioned layout within the building — we hear there are many staircases so you may want to leave your stilettos at home!
3VB offers up to four pupillages per year. The pupillage award is a generous £80,000. Successful applicants will receive four supervisors and sit with each for three months, as well as working for other members of chambers. Rookies sit in their supervisor’s room and help draft statements of case, complete legal research, write advices, and attend conferences, hearings and trials. One recent pupil described the year as “stressful” but said “you learn from the best”. Pupils also take part in advocacy exercises and receive feedback from the set’s KCs, who are all qualified advocacy trainers for their Inns — no pressure then. By the end of pupillage, there is some “limited amount of advocacy” untaken by pupils on their own account, allowing them to build up experience. 3VB says pupils should expect to work very hard at times, but they are not normally expected to regularly work late into the evenings or weekends.
Prospective pupils must undertake an assessed two-day mini-pupillage at 3VB prior to applying for pupillage. They should then make their application through the Pupillage Gateway. Following this, around 35-40 of the highest scoring applicants (based on their paper application and the mini) will progress to the first-round interview, which is a 15-minute discussion with a panel of interviewers. Questions will be based on the candidate’s application form, and there will also be a law-related question to test the applicant’s analytical skills, oral advocacy and ability to think on their feet. The highest scoring 15 candidates will then be invited to a second-round interview. They will attend Chambers two hours before the interview and will be provided with a legal problem which they will prepare under controlled conditions. The 30-minute interview will then focus on this problem and more general questions.
3 Verulam Buildings seeks pupillage candidates with high intellectual and analytical ability, written communication skills, oral advocacy and impact, temperament, commercial sense and motivation. They state that “members of chambers come from diverse backgrounds and have taken many different routes to the Bar”. In support of its commitment to access to the legal profession, 3VB participates in COMBAR’s annual mentoring scheme for applicants from groups who are under-represented at the Bar. It is also a founding partner of social mobility charity Bridging the Bar.