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DLA Piper UK LLP 
3 Noble Street, London EC2V 7EE
Lex 100 winner
Favoured by 8 users (Register to add this entry to your favourites)

The trainee verdict

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The lowdown (in their own words...)

Why did you choose this firm over any others? 'Strong international footprint'; 'modern, forward-thinking culture'; 'strong development culture'; 'international secondment opportunities'; 'great reputation'; 'team spirit'; 'very high-quality work'; 'firms's values and the fact it is diverse'; 'seemed less 'stuck up' than other firms'; 'number of practice groups' 

How does your training compare with peers' at other firms? 'More in-house training'; 'longer hours but greater responsibility '; 'more training courses and seminars'; 'less stressful'; 'good exposure to international work'; 'broad scope of work'; 'better work/life balance'; 'less pressure'; 'we are offered a lot of responsibility'; 'more sociable'; 'training seems to be much more structured, proactive and formal' 

Best thing about the firm? 'Very supportive working environment'; 'genuine open-door policy'; 'strength across all sectors'; 'social side'; 'friendliness at all levels'; 'quality of training and resources'; 'impressive clients'; 'work is local, national and global'; 'the Mars bar cake and Friday afternoon treats' 

Worst thing about the firm? 'IT systems are not up-to-date'; 'can sometimes be long hours'; 'salary gap between London and the regions'; 'uncertainty about qualification process'; 'varying degrees of experience in seats and seat choices within different offices'; 'international secondments are extremely competitive'; 'high level of bureaucracy' 

Best moment? 'The quality of work whilst on international secondment'; 'seeing high-profile large transactions I've worked on praised in the press'; 'receiving special champagne from a client after a successful completion'; 'all-expenses-paid client secondment to London for three months'; 'opportunity to be involved in deals involving listed public companies' 

Worst moment? 'Leaving international secondment'; 'working all of August bank holiday'; 'having to number by hand around 1000 pages of documents - twice!'; 'fear of department karaoke!'; 'creating witness bundles for 12 hours straight!' 

The Lex 100 verdict

The firm

From modest Sheffield roots, DLA Piper has grown to be a leading presence in London and the regions. Furthermore, it has built a huge international empire, with over 3,500 lawyers in offices throughout Asia, Europe, the Middle East and the United States. The firm is a steady fixture at the top of UK M&A deal tables, while other strengths include real estate, public sector and TMT (including sport). 

The star performers

Aviation; Banking and finance; Banking litigation; Commercial litigation; Commercial property; Construction; Corporate and commercial; Corporate restructuring and insolvency; Crime; EU and competition; Education; Employment; Environment; Flotations: small and mid-cap; Health and safety; IP; IT; Media and entertainment; Pensions; Personal injury: defendant; Planning; Private Finance Initiative (PFI); Projects; Property litigation; Sport.

The deals

Defending the Government of Georgia in $700m investment treaty arbitration claims; advised King's College Hospital on a new PPP project relating to pathology services which involved an outsourcing contract valued at over £300m.

The clients

Commerzbank; Gresham; HIG Europe; HSBC; Kraft Foods Europe; LDC; Sovereign Capital Partners; The Boeing Company; UBS

The money

(from Legal Business magazine) 

Turnover in 2010: £581m (-1% from 2009) Profits per equity partner: £485,000 (-25%) 

The winners

Legal Business Awards 2011

Highly commended TMT team of the year, Corporate team of the year. 

The Verdict

With a major international footprint and a 'great' reputation, DLA Piper attracts trainees with its 'modern, forward-thinking culture' and strong values. Offering a broad range of seats in both contentious and non-contentious practice areas the firm is 'cohesive and team-focused' and has a 'truly global vision'. When asked, trainees answered time and again that their decision to choose the firm was based on the 'enjoyable' vacation scheme where one trainee commented on the 'professional but very friendly and relaxed atmosphere'. Praise is also heaped on the fact that the firm is 'down-to-earth' yet 'hugely' ambitious and that it is great at organising fun social events. The fact that there are plenty of overseas secondments available (although do note, perhaps unsurprisingly, these are very popular) and that the pay is 'competitive' are other bonuses. A decent amount of 'extremely good' in-house training is offered which proves popular and there is plenty of access to 'high-quality work'. Highlights among current trainees include 'completing a £15m deal alone' and 'going to Dubai for a seat'. There are a few grumbles that there can be a bit too much bureaucracy and that the hours can be long when working on big deals and cases, however the 'very supportive' working atmosphere and Friday afternoon treats must help. One trainee also points out that 'you are encouraged to leave at a reasonable time when you're not involved in a big deal' so it does balance out. If you want to work in a 'positive and encouraging' meritocracy where individuality is encouraged and you are not surrounded by an 'army of drones', DLA Piper sounds like a pretty strong candidate, plus you might get to sample the highly recommended Mars bar cakes.

A day in the life of.....

A day in the life of.....

Mitesh KunvarjiMitesh Kunvarji, trainee solicitor, DLA Piper UK LLP 
Departments to date:  Restructuring, leveraged finance
University: City University, London 
Degree: Law 2(1) 

8.30am: I arrive at the office and check my mail for any pressing matters that need to be dealt with. I then make myself a cup of coffee to kickstart the day. This is the second day of our team being instructed on a private equity deal in which our client is funding the acquisition of a controlling stake in a national coffee shop chain. The night before I had drafted a conditions precedent (CP) checklist to use during this transaction (this is the document through which we actively monitor the progress of the deal as various finance documents are negotiated and agreed in the run up to completion). I discuss the CP checklist with my supervisor to ensure that it is correctly drafted and make any necessary corrections.

10.00am: I receive emails from the other side's solicitors attaching corporate documents such as board minutes, shareholder resolutions and directors certificates. I set about reviewing these documents and marking them up with amendments I see as being necessary to give effect to the transaction itself, as well as generic Companies Act requirements. After getting sign off on my comments, I send my amends to the other side to update.

1.00pm: While I await a response, I scan through and monitor the emails which are being sent between us and the other side to ensure I update the CP checklist correctly and efficiently. As a trainee, reviewing certain documents, negotiating the content and form of these documents with the other side and maintaining the CP checklist are my primary responsibilities in the transaction. It is a lot of responsibility in a high-pressured and fast-moving environment, but that, for me, is exhilarating. It also means that as a trainee you have a clear role in the team to fulfil and can see the result of your work.

1.30pm: I take a lunch break and catch up with a couple of the other trainees before returning to the office. I am asked to draft the agency fee letter, the security agent fee letter and the insurance broker's letter which will be signed at completion by our client and the other side. I check the first drafts with one of the partners, make any necessary amends, and then send the letters to our client to approve.

3.15pm: I receive feedback from the other side regarding the minutes, resolutions and certificates, which we discuss. At the same time, I receive further documents for review, such as stock transfer forms and share certificates. I review these documents, ensuring that the stock transfer forms correctly describe the shareholdings in the coffee shop chain (which is more complicated than it may first appear as there are a number of companies within the coffee shop group and a number of different types of shares which each company holds in others!). I reply to the other side with comments on some of the stock transfer forms and accepting the others as final versions to be produced at the completion meeting.

5.00pm: I am asked to do a discrete task distinct from the deal: to draft an amendment deed to update the terms of a subordination deed. I draft substantial parts of the amendment deed, including new definitions which will all be inserted into the subordination deed. I then leave a first draft on the partners desk to review in the morning.

6.00pm: I update the CP checklist to reflect further changes to the status of certain finance documents, including the documents I have reviewed and amended to arrive at final form versions.

6.45pm: I am told that in the run up to completion (which uncharacteristically is due for less than one week away!) we will be really busy, so I am told to go home and relax while I can. I oblige happily, knowing that the next few days will be manic.

About the firm

About the firm

Address: 3 Noble Street, London EC2V 7EE

Telephone: 0870 011 1111 

Fax: 0121 262 5793

Website: www.dlapipergraduates.co.uk

Email:  This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Senior partner: Janet Legrand

Managing partner: Sir Nigel Knowles

Total partners: 1,300

Other fee-earners: 2,500

Total trainees: 175

Other offices: Birmingham, Edinburgh, Glasgow, Leeds, Liverpool, Manchester, Sheffield. 

Who we are:  DLA Piper is one of the world's largest law firms, supporting businesses across the globe with their commercial legal needs. 

What we do: We have the following core practice groups: corporate; employment; pensions and benefits; finance and projects; intellectual property and technology; litigation and regulatory; real estate; restructuring; and tax. 

What we are looking for: There is no standard DLA Piper trainee, but we do require a strong academic background and look for good communicators and team players, whose strong analytical skills enable them to deal with the intellectual challenges of the job. 

What you'll do:  Four six-month seats where you are able to express a preference for each seat. International and client secondments are available, and the PSC is run in house and is spread over the two years of the training contract. We put a real emphasis on providing well-rounded training.

Perks: 25 days' holiday, pension scheme, private healthcare membership, life assurance, social club, sports teams, season ticket loan, subsidised restaurant. 

Sponsorship: Full fees paid for GDL and LPC (if training contract secured before completing the course). Maintenance grants are £5,000pa for those at regional centres and £7,000pa in London and Guildford. 

Application process

Apply to: Sally Carthy, Head of Graduate Recruitment. 

How: Online application form. 

When to Apply: By 31 July 2012 for training contracts commencing 2014. 

What is involved: First round interview; second round assessment day (second interview, presentation, written exercises). 

Facts and figures

Trainee places available for 2014: approx 90 

Applications received pa: 3,300 

Percentage interviewed: 20% 

Salary

First year: £37,000 (London); £25,000 (Regions); £22,000 (Scotland) 

Second year: £40,000 (London); £27,000 (Regions); £24,000 (Scotland) 

Newly qualified: £60,000 (London); £38,000 (Regions); £34,000 (Scotland) 

Vacation schemes

Summer: June-August 2012 (various dates). Apply by 31 January 2012.