FIRM PROFILE
Ropes & Gray

Ropes & Gray

  • London

"This US firm will have you learning the Ropes of private equity practice in no time."

Ropes & Gray training contract review 2027

About the firm

  • 24
    Trainees
  • 108
    Associates
  • 1
    National Offices
  • 15
    Overseas Offices

If you’re tied to the idea of a firm that can untangle even the most complex of private capital client knots, Ropes & Gray won’t leave you hanging. Although Ropes is a Boston-born firm, it’s made a name for itself on the London private equity scene, and its St Paul’s office is a hotbed for private transaction activity. “I wanted a firm that was high responsibility, high competency,” one trainee shared, and it’s easy to see why Ropes roped them in, because it ticks both of those boxes: with a small trainee intake and glowing PE reputation, our sources found their training contracts “very rewarding.”

“…great exposure to the top lawyers in the world. I can’t ask for much more!”

And trainees aren’t only tied up in private equity work, either. Ropes’s high-profile corporate client list offers trainees the opportunity to get up close and personal with big-name companies, from Goldman Sachs to Monster Energy – and whether dealing in coffers or caffeine, as one trainee put it, there’s “great exposure to the top lawyers in the world. I can’t ask for much more!”

There’s Gray matter aplenty at Ropes, which tends to attract “lots of bright and ambitious people,” and our sister guide Chambers UK agrees, praising the firm for its corporate crime & investigations and leveraged finance specialisms in London and its capital markets and investment funds work nationwide.

Why trainees joined the firm

Private equity expertise

US prestige with a UK feel

Small trainee cohort

Private equity expertise

“I knew Ropes had really strong PE chops,” one of our sources explained. Trainees were drawn to the fact that “every major team at the firm is in one way or another built around private capital transactions… I don’t think there is another firm in the city that does that to that extent.”

US prestige with a UK feel

Our interviewees wanted exposure to “the best legal market,” and felt that “Ropes’s culture distinguishes it from other US firms.” One trainee described how “everyone is very genuine - I had a picture in my head of a US law firm with everyone shouting at each other, but Ropes is nothing like that!”

Small trainee cohorts

The firm takes on around 12 trainees per year (rising to 15 in the near future), which stood out to our insiders, who wanted “a firm with a smaller intake, but not too small.”

Trainee satisfaction rankings

Elite
AI adoption
Strong
Compensation

Training contract structure

  • 4x6
    Seat Structure

Seat allocation

Sources described the seat allocation process as “informal.” The first seat is allocated blind, and for each subsequent seat, trainees submit a set of three ranked preferences to a newly introduced AI-powered online portal - RUTH. This is followed by a conversation with partners and the talent team, with third- and fourth-seat trainees being given priority in their choices. The allocation process received mixed reviews from our interviewees. As one told us: “Some people got seats they didn’t put down, that they explicitly said they didn’t want to end up in.” There was some uncertainty too around how the firm blends human input with the new AI portal. That said, the general consensus was that seat preferences are a little more likely as trainees move through their training contracts.

  • Yes
    International secondments
  • Yes
    Client secondments

Client secondments

Client secondments do “come up from time to time,” but they’re “not a guarantee.” They are usually communicated through an email being sent round to ask for an expression of interest, rather than a formal process, and are available only to trainees who are not on visas. The secondment available to the current crop of trainees was a placement with Liberty Global.

International secondments

An international secondment to Dublin in antitrust was made available for one trainee last year.

Seat Experiences

Ropes’s reputation as a private equity powerhouse naturally means that a private equity seat is highly sought-after. PE is Ropes’s “bread and butter,” one trainee told us proudly: “There’s great exposure, because you’re able to step up and do what would be NQ work elsewhere.” There’s also “lots of dynamism, because we work in different sectors.” In one recent example, the firm advised EQT Private Capital Asia on its acquisition of Nord Anglia Education, a deal with an enterprise value of $14.5 billion.

“You’re able to step up and do what would be NQ work elsewhere.”

One interviewee felt that a first seat in private equity “set me up quite well for my other seats. At the beginning, a lot of tasks feel more admin-y… you’re doing lots of version control, and there’s not much client-facing contact to begin with.” Our sources agreed, though, that as you progress through the seat, you build confidence in the area, and for trainees who show a willingness to get involved, “they will give you a lot more responsibility.” At first, this translates to tasks like pulling together “all the documentation that’s been signed and giving it to the client – you have to get the foundations to be able to do well,” before transitioning to the likes of drafting tasks. “By the end,” one told us, “a lot of my work became more leading. You’re getting your pen on the shareholders’ agreements, which are the crème de la crème of a transaction. It’s nice to get exposure to that.”

Over in the Litigation Enforcement Practice Group (LEPG), trainees tend to be involved with the specialty practice of Anti-Corruption and International Risk (ACIR). If you’re not immediately familiar with what this involves, the team covers the likes of sanctions, export control, and financial crime, with the firm carrying out investigations into potential violations of economic and trade sanctions and customs regulations. Here, trainees work mostly on compliance due diligence, which involves a lot of reading over documents, identifying risks, and putting it all together in long-form reports. There is a fair amount of “box-checking”, but it’s not all due diligence work in LEPG - if the team is carrying out an investigation, “sometimes trainees will get flown out to other countries and conduct interviews to see if there’s anything nefarious going on!” one source told us. Trainees were given the opportunity to work in areas that particularly interested them, with one telling us that “when I raised my hand up for any new [deal], I did get the chance to work on it.”

A stint in Ropes’s antitrust practice involves “a lot of exposure in terms of advocacy, drafting, and researching,” skills that our sources found helpful to build early on in their training contracts. We heard that trainees tended to have been involved in merger control analysis, helping with Foreign Direct Investment (FDI) filings, and writing briefing papers. One insider pointed out that there’s a substantial cross-border element to the firm’s antitrust practice: “We handle every other country on earth – you see law across a lot of countries.”

We heard that the workload was well-balanced: days are “never crazy stressful, or super chill. Although there is a process you need to go through in terms of development before you get going,” once trainees started to feel comfortable in the seat, they were able to “take ownership of tasks” and were “encouraged to do so.” We’re told that the antitrust partners are “really good at involving trainees” in all aspects of the work, with one interviewee sharing that “I was asked to lead a due diligence call, which I thought was really nice.”

Ropes’s antitrust practice engages with high-profile clients in all sorts of sectors, from tech to big pharma. Last year, for instance, Ropes & Gray took on the role of antitrust counsel to pharma giant Pfizer in a $10 billion deal to acquire Metsera, an obesity drug developer.

New starters in finance will typically be focused on leveraged finance, with work on both the borrower and the lender side. Typical tasks for trainees in finance include managing processes, organising document trackers for transactions, and communicating with different parties, including local counsel. There’s lots of “progressing things in the background… making sure things are where the senior people want them to be.” It’s not all backstage work, though - this practice area is “a lot more client-facing” than other seats, with “lots of client and opposing firm exposure” to be had early on. One trainee shared that “one week in, opposing counsel called me directly, and I freaked out!” Another was proud to tell us that “I’m the face of the firm in the workstreams that I’m involved in, which is really cool.”

“I’m the face of the firm in the workstreams that I’m involved in, which is really cool.”

We heard that there is definitely a learning curve for new starters, finance has “peaks and troughs,” with some times being “super busy,” and others not so much. And it’s no surprise that things can get intense when you look at the calibre of their clients: Ropes’s finance practice recently advised companies including Goldman Sachs, J.P. Morgan Securities and BNP Paribas as the initial purchasers on a $1.5 billion deal with First Quantum Minerals, a leading international mining and metals company.

Trainee life

Culture and environment

  • 81.6%
    Felt they chose the right firm

Data from our annual trainee survey

Interviewees described the culture at Ropes as “supportive and friendly,” telling us how “it’s normal as a trainee to have familiar faces in other departments. No-one is doing an impression of a mean corporate person; everyone is genuine.” One source noted that during a recent vacation scheme, looking at the cultural fit of prospective trainees was “a big point for us – no matter how exceptional you are as a lawyer, there is an expectation that you will be a nice person.” This is certainly important when you take into account the amount of time trainees will be spending with one another: “If you’re in the trenches at 4am, if you’re working with people you like, then that helps massively.”

“No-one is doing an impression of a mean corporate person; everyone is genuine.”

As the trainees did their SQEs together, there is a real sense of camaraderie – and one interviewee highlighted that the relationships between the cohort feel like “friends first, colleagues second.” Weekly informal Thursday pub trips definitely help keep morale high too. On the formal side, the firm hosts Summer and Christmas parties, and allocates a budget for social events, and trainees were pleased to report that they “get the freedom to plan those however we’d like.”

Working patterns

  • 4 days a week
    Expected office attendance
  • 57.6
    Typical billable hours in a week

Data from our annual trainee survey

There’s no getting past it, hours at the firm can be intense. Trainees averaged 50 to 60 hours per week. However, hours vary a lot between seats, with sources describing how “regulatory seats are more consistent” whereas seats in areas such as private equity are “very volatile. You can go home at 5:30pm one day and at 4am the next.” Private equity, antitrust, and LEPG seats are “famously busy.” The standard arrival time is around 9:30am, with trainees tending to head home around 6pm, but staying logged on until around 9pm to midnight. That’s only if there’s work to be done, though: “if there’s nothing for me to do, I don’t feel the pressure to log back on at home,” one of our sources told us. Trainees reported however that the workload is fairly well-balanced: “There is generally not a lot of time where you either don’t have a life or have nothing to do.” When late finishes are required, the firm will also supply a taxi home and a Deliveroo.

Trainees are required to be in office four days a week, with Friday as the set working-from-home day. Our interviewees report that the remote working practice is “quite team- and supervisor-dependent.” In antitrust, for instance, you’re “expected to be in as much as you can.” One source suggested that WFH was “something that I worked up towards as I progressed in the training contract,” and that having an in-office presence is a good way to “build a reputation for reliability.” The company also has ‘work from home weeks’ twice a year.

Pay

  • £62,000
    1st Year Salary
  • £67,000
    2nd Year Salary

Data provided by firm and our annual trainee survey

The general feeling among trainees is that compensation relative to the number of hours worked is “fair enough.” “They pay for our master’s, so that makes it worth it,” one interviewee reasoned. “We’re close to the top of the market,” another shared, but beyond salary, “a few of us are unhappy about [the firm] cutting down on perks,” such as reducing the number of weekly free lunches.

Supervision and training

Trainees had very positive things to say about supervision at Ropes, with one insider reporting that “I never found that a supervisor never had time to explain things to me. There’s a real culture of stewardship.” Although supervisors are naturally very busy, and often very senior, people, “you can have a lot of guidance if you ask for it.” This guidance isn’t just confined to formally assigned supervisors, with one trainee noting that “I can speak to anyone, regardless of seniority, about how I’m planning my career.” As well as providing feedback, one of our insiders told us that their supervisor took them along to a client office which was “a highlight of my training contract. I never thought I’d be able to do that in the Zoom and Docusign era!”

“I never thought I’d be able to do that in the Zoom and Docusign era!”

Trainees are provided with formal training programmes when they first rotate onto a new seat that introduce them to the practice area. In antitrust, for instance, there’s a session on how to review share purchase agreements (SPAs), and in finance, there’s one on credit agreements. Beyond these introductory sessions, training “mostly comes from doing the job itself.” In departments like PE, the team hold weekly meetings to discuss all of the live workstreams and meet every two weeks to unpack deals and cases that have recently been worked on, which acts as a form of on-the-job, “quasi-training.” As a result, “the TC really varies for each trainee. Our training could be different based on the deals that we’re on.” Trainees also attend cohort-wide sessions on general skills, which include presenting, contract negotiation, and professional development.

Pro bono & CSR

Trainees were quick to highlight that pro bono at Ropes is a “very big deal.” Everyone at the firm, from trainee to partner, has a 20-hour pro bono target, and the “vast bulk of the firm” hits it. Taking on a pro bono case often involves the firm “letting trainees run with it,” allowing them to “lead calls, and do the bulk of the work. It’s a great opportunity.” Several of our sources have given time to Ropes’s family law clinic, which offers drop-in sessions providing advice, and others were involved in the Green Tech Legal Collaborative, which helps clean technology businesses in their early stages with contracts and pitches.

Other opportunities include:

  • The Caribbean Biodiversity Fund, working on the environmental protection of coral reefs

  • The Windrush compensation scheme, in partnership with United Legal Access

  • KIND UK’s child citizenship initiative, providing immigration support

Qualification

The process of qualifying at Ropes is “informal until it needs to be formal,” with trainees meeting with HR and the head of training to indicate two departments that they would like to qualify into in order of preference. If seats are oversubscribed, a more formal process of interviewing takes place. Some trainees had mixed feelings about this process, suggesting that interview arrangements could be short-notice, but others felt that “HR do their best to give you reassurance that you will be supported, regardless of the outcome.” Many of our interviewees told us that they are keen to remain at the firm long-term after they qualify: “It’s somewhere people stay. I worked with many people that trained here that are now mid-level or senior.”

  • 100%
    Trainees Retention

When you’ve reached the end of your Rope…

The firm’s London office location, near St Paul’s, is “very nice,” and has a dedicated wellness room.

Contact this law firm

Top Figures

  • £62,000
    1st Year Salary
  • £67,000
    2nd Year Salary
  • £170,000
    Newly Qualified Salary
  • 15
    Training Contract Vacancies
  • Firm recruits exclusively through it's vacation scheme
    Application Closing Date
  • N/A
    Apprenticeship