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Inside high-stakes law: The realities of life as a restructuring lawyer

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By Sophie Dillon on

Macfarlanes senior associate Timothy Bromley-White shares insights into his work with Superdry and the rewarding, complex world of guiding clients through financial challenges

Macfarlanes senior associate Timothy Bromley-White

In the realm of banking, restructuring, and insolvency law, few career paths are as dynamic — or as demanding — as that of Timothy Bromley-White, senior associate at City law firm Macfarlanes. A Macfarlanes ‘lifer’, having joined the firm as a trainee in 2016, Bromley-White’s journey has seen him support a vast number of big-name companies through complex financial challenges.

Sitting down with Legal Cheek Careers, Bromley-White offers a candid look into his career journey, his role at Macfarlanes, and what it takes to thrive in the complex world of restructuring and insolvency law. Through his perspective, we uncover how high-stakes work impacts not only clients but also the broader economic landscape and the critical role lawyers play in these transformative processes.

Applications for Macfarlanes’ 2027 training programme are open now

Interestingly, Bromley-White’s career path didn’t start in the law. “I didn’t do law undergrad,” he explains, “but then did a law conversion course.” This decision ultimately led him to secure a training contract (TC) with Macfarlanes. On the firm’s TC, Bromley-White rotated through the firm’s key practices, but it was restructuring and insolvency that captured his interest. He describes it as a “technical” yet “impactful” practice area, where high-stakes situations call for a careful grasp of legal details and thoughtful guidance. “You’re often dealing with situations which are fundamentally the most important thing that’s happening to a company at that time,” he explains. This attracted Bromley-White to specialise in an area where lawyers are often called to guide distressed businesses through pivotal restructuring processes.

One of the more prominent deals Bromley-White worked on involved the well-known fashion retailer, Superdry. This complex restructuring presented Bromley-White and his team with several legal and strategic hurdles in seeking to achieve the company’s goal of a substantial restructuring. Bromley-White’s team, with expertise across corporate law and listed company regulations, worked closely with the company and its other advisers to structure a deal that addressed the company’s various financial challenges and its overarching need for equity. Bromley-White emphasises that Macfarlanes’ multidisciplinary strength made it an ideal fit for such a multifaceted deal: “In a way, [the deal] actually played to Macfarlanes’ strengths, because it needed lawyers with restructuring experience alongside a very strong corporate law practice and, in particular, expertise in dealing with listed companies.”

In his role, Bromley-White acknowledges the emotional intensity of restructuring cases. “It’s a very impactful area … there’s a good feeling in knowing that this work does translate into meaningful and significant results,” he shares. This impact extends beyond the boardroom and legal documents, affecting thousands of employees, suppliers, and communities tied to distressed companies.

What makes restructuring unique, he notes, is the direct correlation between the legal strategies and the real-world impact on people’s lives. For Bromley-White, the field allows him to see how his work creates tangible change. Unlike other corporate law sectors, where deals may feel abstract, restructuring often provides a visible outcome that can make or break a business.

Applications for Macfarlanes’ 2025 vacation scheme close on 3 January 2025

This personal connection to the work is crucial, particularly as lawyers navigate often-uncharted waters with clients who aren’t experts in financial or legal crises. “You’re dealing with directors and management who understandably are not restructuring experts. It’s a stressful, novel situation for them, and there’s a greater emphasis on making sure we provide appropriate, clear advice,” he notes.

A lawyer whose passion for his work is self-evident, I ask him about his attraction to the firm. “I liked the size,” he explains, recounting how Macfarlanes’ smaller trainee intake fostered camaraderie and close-knit relationships with his peers. “I knew everyone in my intake, partly because we all did the LPC together… you know a good chunk of the people there.”

Reflecting on the firm’s training programme, Bromley-White emphasises its centrality to Macfarlanes’ ethos. High-quality training, he believes, shapes better lawyers in the long run. He advises prospective trainees to prioritise training over short-term financial incentives, noting that “the quality of the lawyer you become matters more.” For Bromley-White, it was this emphasis on development, combined with the firm’s collaborative approach, that made Macfarlanes stand out from other top-tier firms. Bromley-White’s insights into Macfarlanes reveal a firm culture where junior and senior staff alike are encouraged to take on responsibility and make valuable contributions. He describes Macfarlanes as a place where associates feel empowered rather than pressured by the traditional hierarchical structure.

“You’re not just one more sausage in the sausage factory,” he quips. Instead, Bromley-White finds Macfarlanes to be a “human-scale” firm, one where individuals are valued and allowed to take initiative. This supportive environment has helped him grow into a trusted adviser on key deals, allowing him to handle substantial drafting responsibilities and advise on complex legal issues.

Applications for Macfarlanes’ 2027 training programme are open now

Moreover, Macfarlanes’ culture prioritises genuine collaboration over competition. Bromley-White notes that there’s no hesitation about reaching out to colleagues, regardless of their department or seniority: “I’ve never felt, for example, like there is any issue with reaching out to a colleague in our department… there’s no concern about who gets credit.” It’s a refreshing contrast to firms where internal competition can breed a cutthroat environment. This open, trust-based culture has fostered loyalty and sustained Bromley-White’s commitment to building his career within the firm.

For prospective trainees, Bromley-White believes Macfarlanes offers a unique mix of prestigious private client and corporate work that few other firms can match. “If you’re interested in the private client world, there’s a very unique offering here,” he explains. The firm’s ability to deliver high-quality services across diverse sectors, from private clients to major corporate clients, creates an appealing blend for those seeking a versatile career.

Macfarlanes, Bromley-White contends, is large enough to handle high-profile deals in London’s competitive market, yet it remains small enough to avoid the impersonal, institutionalised culture that can often be found at larger firms. For Bromley-White, this combination represents an ideal environment for professional growth, balancing the demands of high-stakes work with a firm-wide commitment to quality and respect.

As the interview draws to a close, Bromley-White offers advice for those aspiring to follow in his footsteps. “Don’t harbour preconceptions about law firms,” he advises, underscoring the diversity within the industry. He encourages budding lawyers to look beyond the stereotypes and embrace their individuality, reassuring them that the legal profession welcomes a broad range of personalities and backgrounds. “On the inside, every firm has a range of lawyers with diverse personality types, and from a variety of backgrounds,” says Bromley-White. “You don’t need to pretend to be a pre-conceived idea of a City lawyer.”

Applications for Macfarlanes’ 2025 vacation scheme close on 3 January 2025

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