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    Introduction from A&O Shearman

    Explore Our Job Sims
    Derivatives and Structured Finance Law
    Derivatives and Structured Finance Law

    Tasks in this program

    Intro & Scenario
    Meet your team members and learn about your project goals.
    Your role
    • You are a trainee at A&O Shearman, working within the Derivatives & Structured Finance team.
    • You’ve joined the team supporting a live financing matter involving a repo transaction and an interest rate swap.
    • You’ll collaborate closely with your supervising associate and senior associate, contributing to document reviews, drafting tasks, and internal updates.
    Your goal
    • Your primary objective is to support the legal documentation and internal processes for this transaction.
    • You'll begin by reviewing key provisions in the Global Master Repurchase Agreement (GMRA) and progressively build toward more complex tasks, such as drafting a clause for the swap and tailoring a legal opinion with regulatory insight.

    Why complete this job simulation

    A risk-free way to experience work on the job with us at A&O Shearman. Practise your skills with example tasks and build your confidence to ace your applications.
    Self-paced3-4 hoursNo gradesNo assessmentsIntermediate

    A&O Shearman is one of the world’s leading international law firms, advising clients on complex and high-value transactions across global markets. Our lawyers work at the intersection of law, finance, and business, helping clients navigate legal frameworks and achieve their commercial objectives with precision and innovation.

    During this programme, you will get the opportunity to step into the shoes of a trainee and complete tasks that replicate the work that our Derivatives & Structured Finance team does every day. You’ll learn key skills in legal drafting, regulatory analysis, client communication, and transactional problem-solving.

    We hope this programme provides a great resource for you to upskill and strengthen your CV as you explore career options and a potential career at A&O Shearman.

    Disclaimer: This programme is an educational simulation created for training purposes only. All content has been simplified to support learning and does not constitute legal advice. Participants engage in a fictional scenario and neither provide nor receive real client guidance.

    Hiring Now
    2026/27 Perth Summer Clerkship | AU
    2026/27 Sydney Summer Clerkship | AU
    Skills you will learn and practice:
    Documentation
    Issue Identification
    Attention to Detail
    Commercial Awareness
    Legal Drafting
    Professional Email
    Email Communication
    Client Email Communication
    Communication
    Legal Research

    How it works

    Complete tasks guided by pre-recorded videos and example answers from our team at A&O Shearman. No live sessions, all self-paced.
    Earn a certificate and add it to your CV and LinkedIn as an extracurricular activity.
    Stand out in applications. Confidently answer interview questions and explain why you’re a good fit for our team.

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    Reviews

    Over 200
    5 Star Reviews
    "J'ai apprécié dans cette simulation la possibilité de mettre en pratique des connaissances théoriques dans un contexte réaliste, ce qui me permet de mieux comprendre les enjeux et de développer des compétences concrètes. Cette simulation m'offre également un espace sécurisé pour expérimenter différentes stratégies, apprendre de ses erreurs et renfo..."-- Student from DEI Bachelor & Master Degrees
    "The simulation provided a realistic insight into transactional legal work, particularly how lawyers tailor advice for different audiences such as clients and internal teams. I found it valuable to work with ISDA-related materials and legal opinions, as it demonstrated how standard documentation must be carefully adapted to specific deal facts. The..."-- Student from My institution is not listed
    "The task is challenging enough, it doesn't feel like it gives away a free pass. Derivative are relatively difficult for average law student because it requires you to somewhat understand economics and finance. Most importantly, an explanation is given for both the context and the example answer."-- Student from Sripatum University
    "I liked how the legal terminology was explained throughout followed by mini quizzes and tips for practice."-- Student from Anglia Ruskin University
    "It gave me a strong insight on the works I have to do as a Trainee at your firm. This work also intrigues me and made me more aspired to work at A and O Sherman."-- Student from University of Leicester
    Hiring Now

    Get Career Ready

    Complete work that simulates life on the job. 3-4 hours and self-paced.
    Stand out in your application to A&O Shearman. Show us you're a motivated candidate.
    Hiring Now

    Get Career Ready

    Complete work that simulates life on the job. 3-4 hours and self-paced.
    Stand out in your application to A&O Shearman. Show us you're a motivated candidate.
    Company Logo

    Derivatives and Structured Finance Law

    Step into the role of a trainee at A&O Shearman and help deliver solutions on complex financing transactions.

    Law Free 200+ 5 Star Reviews