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Denton Wilde Sapte LLP 
1 Fleet Place London EC4M 7WS
Lex 100 winner
Favoured by 5 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? 'The firm had clear direction and strategy'; 'enjoyed the vac scheme'; 'very friendly, normal people who take an interest in you'; 'size: not too big, but large enough to win decent work'; 'an international firm so potential to work abroad'; 'you're expected to work hard, but not give up your social life in return'

How does your training compare with peers' at other firms? 'Training is given in a really friendly and enjoyable atmosphere. As much responsibility as you want'; 'generally better hours'; 'friendly and approachable supervisors'; 'more personal - not just a cog in the machine. Firm supports a lot of sports teams and extra-curricular activities'

Best thing about the firm? 'The fact that when I walk in the front door in the morning, I'm happy to be here'; 'the people - everyone is friendly'; 'opportunities to do a seat abroad'; 'I get a good amount of exposure to different work'; 'heritage, expertise in firm's core areas, prevalence of practical and realistic attitudes throughout the firm' 

Worst thing about the firm? 'Having to lose colleagues'; 'relentless hours in banking'; 'no offices in glamorous locations'; 'very competitive to get more specialist departments (employment) as a seat'; 'qualification options uncertain outside banking department'; 'hours can be long. But this is recognised by management and concessions are made to compensate'

Best moment? 'Raising money in the social committee fashion show for charity'; 'working on a successful IPO'; 'closing deals'; 'vintage Krug at post-completion drinks'; 'trip to Paris to play football match against the Paris office'; 'going to Hamburg for an aircraft delivery'; 'floating a company on the LSE main market'; 'praise from a senior partner'

Worst moment? 'Feeling out of my depth on tasks partners have asked me to do'; 'working 36 hours straight'; 'long hours, lots of proof reading, overwhelming workload'; 'a couple of weeks when all I did was work and sleep'; 'the seat choice process isn't handled well'; 'when I've had to twiddle my thumbs because of the lack of work'



The Lex 100 verdict

The firm

Denton Wilde Sapte performs well in all its core industry competencies: energy, transport and infrastructure; financial institutions; real estate and retail; and TMT. The firm also stands out for broad experience in the Middle East and Africa, leveraging off extensive regional networks to offer comprehensive infrastructure and energy expertise.


The star performers

Acquisition finance; Asset finance and leasing; Aviation; Bank lending; Commercial property; Commodities and futures; Construction; Corporate restructuring and insolvency; Derivatives; Development; Electricity, nuclear and renewables; Emerging markets; IT and telecoms; IP; Islamic finance; Planning; Private Finance Initiative; Property finance; Property litigation; Rail; Retail; Social housing finance; Sport; Trade finance.

The deals

Advised Sheffield United FC on claims against West Ham United FC following its signing of Carlos Tevez; represented Chellomedia in content licensing agreements with Hollywood studios; advising Vodafone on its work in Qatar, including major contract negotiations and network procurements; advising the UK Highways Agency on the £5bn M25 DBFO project.

The clients

Al Jazeera; Bertelsmann; Deutsche Bank; England and Wales Cricket Board; Investec Bank (UK); Lukoil; Nigeria LNG; Mitsubishi; Total.

The money

(from Legal Business magazine)

Turnover in 2008: £164.4m (-1% from 2007) Profits per equity partner: £470,000 (+15%)


The Lex 100 verdict

A day in the life of.....

A day in the life of.....

Kirsty Hunter second-seat trainee, Denton Wilde Sapte LLP
University: Nottingham
Departments to date: Planning, trade finance
Degree and class: Law (LLB), 2(1)

9.15am: I arrive at my desk with my usual smoothie in-hand to get me ready for the day and check my emails to see if there is anything urgent to deal with. I am currently sitting with the trade finance team. My supervisor is a partner and the head of the banking department. As such, I have been involved in a lot of transactional work, usually centred on the financing of international trade.9.30am: A deal I have been involved in is due to close soon and I am responsible for keeping a check on what documents we have been sent. I sort through the emails that have come in and amend the checklist of documents to circulate to the team so that everyone is aware of our progress. As many of our deals involve parties in other jurisdictions, I often liaise with foreign counsel during a transaction. As the borrower in this particular deal is a Nigerian bank, I call our Nigerian counsel to discuss the outstanding issues.10.00am: I have been asked by one of the partners to accompany him to a meeting with one of our major bank clients at their offices. After a short walk, we arrive accompanied by another partner from our litigation department. A borrower has recently defaulted on a facility agreement and so the meeting is to discuss the bank's potential options in recovering the outstanding amount due under the agreement.11.45am: During the walk back to the office we discuss the issues raised during the meeting and the partner instructs me to draft a summary of what the client's commercial options are and what action needs to be taken next. When I arrive back at my desk I start drafting.

12.45pm: I quickly get into my netball kit and meet the rest of the team in reception. We walk across to Lincoln's Inn playing fields. Luckily it's a nice day, so I'm looking forward to some exercise in the sunshine.1.45pm: I get back to my desk after another quick change, finish off my notes from this morning's meeting and email the draft to the partner for review.2.15pm: Over lunchtime my supervisor has forwarded me a request from a client in relation to making an amendment to a repayment date under a facility agreement. After a quick discussion about the task at hand with my supervisor, I begin to draft the amendment and restatement agreement.4.00pm: I sit down with my supervisor and go through my drafting. I add in a few suggested improvements and send the draft to the client for review. My supervisor also mentions that the team has been voted trade finance law firm of the year for the tenth year running. We are extremely pleased, to say the least!4.45pm: After a quick team celebration I get back to work as I have a small piece of research to do. I have been asked to produce a quick summary of the law relating to the enforcement of exchange contracts. I jot down further instructions and start reviewing the online sources. I put together a short memo and give this to the partner.6.45pm: One final check of emails and I catch a taxi with a few of the other trainees to Piccadilly Circus. The trainee reps have organised a night out to The Comedy Store so we want to get there early for good seats, though avoiding the front so we aren't targeted! After a good laugh we head to a nearby bar for a quick drink before catching the tube home.



About the firm

About the firm

Address: 1 Fleet Place London EC4M 7WS
Telephone: 020 7320 6775 Fax: 020 7320 6555
Email: This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Chief executive: Howard Morris
Total partners: 180
Other fee-earners: 600
Total trainees :70
Other offices: Abu Dhabi, Almaty, Amman (associate office), Ashgabat (associate office), Cairo, Doha, Dubai, Istanbul, Kuwait (associate office), London, Milton Keynes, Moscow, Muscat, Paris, Riyadh (associate office), St Petersburg (associate firm), Singapore (associate office), Tashkent.

Who we are: Denton Wilde Sapte is an international law firm based in London with a network of offices spanning Europe, the Middle East, Africa and the CIS.

What we do: We provide our clients with a full range of commercial legal services in the following areas: banking and finance; corporate; dispute resolution; employment and pensions; energy infrastructure and project finance; competition; real estate; tax; and technology, media and telecommunications.

What we are looking for: A wide range of skills, aptitudes and personalities. Strong academics with good teamworking skills, drive and ambition, and the potential to contribute to the growing success of the firm.

What you will do: We offer four six-month seats. This will include a contentious seat and a banking seat. You will also have the opportunity to occupy a seat in one of our international offices or with one of our clients. You will be given responsibility early on, working with your team and clients in real business situations.

Perks: Flexible benefits scheme, including subsidised gym membership, season ticket loan, pensions scheme, private medical insurance.

Sponsorship: We will cover your law school tuition fees, as well as providing a maintenance grant of £6,000 (£7,000 in London).

Application process

Apply to: Kate Raggett, Recruitment Officer.

How to apply: Online application form..

When to Apply: By 31 July 2010.

What is involved: First interview with HR and a critical thinking exercise, followed by a second interview with two partners and a case study exercise.

Facts and figures

Trainee places available for 2012 25-30

Applications received pa 1,500

Percentage interviewed 15%

Salary

First year £35,000

Second year £37,000

Newly qualified £58,000

Placement schemes

Winter: April 2010 (apply by 29 Jan 2010).

Spring: Mid-December (apply by 20 Nov 2009).

Summer: July 2010 (apply by 29 Jan 2010).