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International Edition

Mayer Brown offers London trainees £10,000 to defer for one year

Mayer Brown has offered its incoming London trainees the option to defer their training contracts in exchange for a one-off payment of £10,000, with three agreeing to postpone their start date by 12 months. The US firm's London arm, which takes on between 20 and 25 trainees per year across two intakes in March and September, asked a total of 47 future trainees across four intakes to defer by a year due to business activity levels.
2 minute read

International Edition

Trio post retention rates as Wragges trainees turn down £5k deferral offer

Slaughter and May, Ashurst and SNR Denton have all posted healthy September trainee retention rates, with Slaughters set to keep on 91% of its newly-qualified (NQ) lawyers. Forty-two of Slaughter's 46 qualified trainees have been offered places at the firm, with the 91% figure marginally up on the firm's March intake this year, when 90% were kept on at the magic circle firm. A further two trainees resigned from the firm before the qualification process began.
3 minute read

International Edition

Slaughters retains 90% of March NQs; Eversheds, Simmons confirm figures

Slaughter and May, Simmons & Simmons and Eversheds have unveiled the retention rates for their March trainee intakes, with the magic circle firm taking on 90% of its newly qualified (NQ) lawyers. Twenty-six of Slaughters' 29 NQs are being kept on by the firm, with the healthy retention rate coming after the firm kept on 100% of its 59-strong intake in September last year.
2 minute read

International Edition

Wragges and Travers take on 100% as raft of firms confirm NQ retention

Linklaters, Wragge & Co and Travers Smith are among a cluster of firms to have released their March retention rates, with Wragges and Travers both taking on 100% of their newly qualified (NQ) lawyers.
2 minute read

International Edition

Magic circle duo post healthy retention rates for trainee intakes

Freshfields Bruckhaus Deringer and Allen & Overy (A&O) have announced trainee retention rates for their first intake of 2012, with both firms set to see 89% of their newly-qualified lawyers (NQs) staying on. Freshfields has offered 42 of its 46 February NQs a place at the firm, with 41 accepting. The magic circle firm also posted a retention rate of 89% for its spring intake last year.
2 minute read

International Edition

Quartet of top UK firms confirm retention rates for 2012 NQs

Norton Rose, Berwin Leighton Paisner (BLP), SJ Berwin and Stephenson Harwood have all confirmed trainee retention rates for their first intake of 2012. Norton Rose has announced the details of its January 2012 qualifying round, with 18 newly-qualified lawyers (NQs) offered a position at the firm, equating to a 78% retention rate. The latest figures come after the firm kept on 14 of 16 (88%) of NQs in its September intake last year.
2 minute read

International Edition

Trainee retention rates at top UK law firms see continued recovery

Trainee retention rates at UK law firms are continuing to recover after increasing for the second consecutive year, according to a new survey of 123 commercial law firms. The research, conducted by the Chambers Student Guide, shows that 80.5% of 2,253 newly-qualified (NQ) lawyers at the firms surveyed were retained after qualification.
2 minute read

International Edition

DWF keeps on 100% of trainees as McGrigors retains 72%

DWF has posted a 100% retention rate for its autumn 2011 intake of newly-qualified lawyers (NQs). The northwest firm, which runs one trainee intake each year, is set to keep on all 16 of its trainee solicitors. The figure marks an increase on last year's retention rate of 89%, when 16 of the 18 lawyers in the intake were offered roles with the firm.
2 minute read

International Edition

Linklaters and Eversheds announce autumn trainee retention rates

Linklaters and Eversheds have both announced their trainee retention rates for September, with the firms keeping on 93% and 87% of their respective trainee intakes. Linklaters is set to set to keep on 53 of its 57 trainees this autumn – equating to 93%. All bar one of the 57 qualifying applied for a position, with all those offered a place accepting.
2 minute read

International Edition

Freshfields announces 96% retention rate for autumn intake as RPC keeps on 100%

Freshfields Bruckhaus Deringer is set to retain almost all of its qualifying trainees this autumn, with 96% of its September intake set to stay on at the firm. Forty-eight of 50 newly-qualified lawyers (NQs) have accepted a job with the firm starting in September after 49 were asked to stay on, with one declining.
2 minute read

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