updated on 17 February 2014
Several firms have revealed how many of their Spring 2014 qualifiers will be staying on as newly qualified (NQ) solicitors.
Trowers & Hamlins has revealed a 100% retention rate, with all six of its NQs staying on at its London office. Meanwhile, Lawyer2b reports that Linklaters kept on 50 of its 58 qualifiers - 55 of whom applied for NQ positions with firm - for a retention rate of 86%. Fellow magic circle firm, Clifford Chance, retained 45 of its 48 qualifying trainees (94%).
Hogan Lovells retained 25 of 32 qualifying trainees (78%), while CMS Cameron McKenna kept on 22 of its 28 qualifiers (78.5%). Elsewhere, Wragge & Co kept on six of its eight NQs for a retention rate of 75%.
Finally, Orrick Herrington & Sutcliffe has not retained its single qualifying trainee in 2014 (we’ll spare you the percentage).