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International Edition

Holman Fenwick posts 100% retention as FFW hands NQs 12-month posts

Holman Fenwick Willan, Field Fisher Waterhouse and Bird & Bird have all announced the details of their autumn trainee intakes, as more details of UK top 50 retention rates continue to emerge. Holman Fenwick is retaining 100% of its trainees after offering all 15 associate positions with the firm. Six of those are to be based in overseas offices including Geneva, Piraeus, Dubai, Hong Kong and Singapore.
2 minute read

International Edition

Norton Rose Fulbright boosts newly qualified pay by £1,500 to £63,000

Norton Rose Fulbright has raised salaries for its newly qualified (NQ) lawyers by £1,500, alongside the announcement of a 92% retention rate for this September's trainee intake. The new NQ salary, which came into effect at the start of 1 July this year but has been backdated to 1 May, has seen pay boosted to £63,000 from £61,500.
2 minute read

International Edition

Dentons, Ince and Watson Farley post autumn trainee retention rates

Dentons, Ince & Co and Watson Farley & Williams (WFW) have announced their trainee retention rates for September 2013, with the former two firms keeping on just over two thirds of their qualifiers. Dentons posted a 68% retention rate after 17 of its newly qualified (NQ) trainees accepted a job offer at the firm. Of its 25 trainees, five chose not to apply and three were unsuccessful.
2 minute read

International Edition

DLA, SJB and Taylor Wessing among firms confirming NQ retention rates

DLA Piper and SJ Berwin are among the latest firms to announce their autumn trainee retention rates, with both set to keep on around three quarters of their qualifying trainees. DLA Piper is keeping on 73% of its September qualifiers, with the firm offering roles to 60 of its 77 newly qualified (NQ) lawyers. Of those, 56 accepted a job at the firm. The result is down on last autumn, when the firm retained 83% of its qualifying trainees.
3 minute read

International Edition

Linklaters and Slaughters see September retention rates rise

Linklaters and Slaughter and May are both keeping on more than 85% of their September-qualifying trainees, with the magic circle pair increasing their retention rates on last year. Linklaters has retained 87% of its newly qualified (NQ) lawyers after offering 47 trainees a job out of a 54-strong cohort. Two NQs chose not to apply. The figure is up on a retention rate of 78% this time last year.
2 minute read

International Edition

CC, HSF, White & Case and Mishcons post autumn trainee retention rates

Clifford Chance (CC), Herbert Smith Freehills, White & Case and Mishcon de Reya have become the latest firms to confirm their trainee retention figures for autumn 2013. CC has offered 51 of its 60 newly qualified (NQ) trainees a role at the firm. Of those, 48 accepted, resulting in a retention rate of 80%. The figure is broadly in the line with the 82% of trainees the magic circle firm kept on in the spring when 54 out of 66 NQs took up a role at the firm.
2 minute read

International Edition

Freshfields and BLP confirm 80%-plus autumn trainee retention rates

Freshfields Bruckhaus Deringer and Berwin Leighton Paisner have announced their trainee retention rates for the second intake of 2013, with both firms keeping on more than 80% of their intake. Freshfields is keeping on 81% of its autumn qualifiers, with the magic circle firm offering 40 of its 48 newly-qualified (NQ) lawyer positions, with 39 accepting – the same number that stayed on in March's intake http://www.legalweek.com/legal-week/news/2238763/magic-circle-duo-post-marginal-dips-in-spring-nq-intake. At the time positions were offered to 40 of its 46 NQs, giving it a retention rate of 85%.
2 minute read

International Edition

Sidley and Jones Day post healthy autumn NQ retention rates in London

The London office of Sidley Austin has achieved a 100% trainee retention rate for its September intake, with all nine of the firm's autumn qualifiers accepting offers in their first-choice practice areas. Several of the US firm's newly qualified (NQ) lawyers were offered places in more than one practice group in the office, and it is understood that at least one practice group was left disappointed when it did not receive any trainees. However, the firm does not have any current plans to expand its trainee intake numbers.
2 minute read

International Edition

Shearman offers jobs to 11 of 13 autumn qualifiers in London

Shearman & Sterling's London office has offered 11 jobs to 13 trainees qualifying at the US firm this September. Although the number of acceptances has not yet been confirmed, the 85% offer rate is broadly in line with the previous year, when the firm offered seven of its eight-strong intake (87.5%) a role at the firm.
2 minute read

International Edition

Retention rates at top 20 decline as economic climate pushes firms to cut back

Trainee retention rates across the bulk of the UK's largest law firms have fallen this year, with research by Legal Week finding the average rate has dropped by almost 10% on last spring's qualifying intake. At the top 20 UK firms with a spring intake, an average of 76.5% of newly qualified (NQ) lawyers have been kept on this year, 9% down on the equivalent intake last year and 3% lower than last autumn's qualifying round. Of 441 trainees at the firms to have released details to date, 343 have been kept on – down on the total of 358 of 422 NQs kept on across the same group in spring 2012.
4 minute read

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