The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Berwin Leigton Paisner managing partner Neville Eisenberg has pledged that his firm will maintain the number of trainee places it currently offers.
“Will we continue to recruit the same number of trainees?” asked Eisenberg. “Absolutely. Yes. We think it’s part of our commitment to the legal community.”
He added: “But there will be pressure on trainee places. We’ll continue to see the rise of the paralegal – that’s important when talking about the trainee population.”
BLP offers 40 to 45 trainee vacancies a year, a number that has not decreased over the course of the recession. It has also usually posted good trainee retention rates in recent years, keeping on 16 of 18 (89 per cent) of its qualifiers in Spring 2014, and retaining a total of 162 out of 196 (83 per cent) in the ten qualification rounds since Autumn 2009.
Eisenberg warned: “Firms are going to be much more conscious of managing the fee-earner population and that will have an impact on career structures. The shape of the market will change.”
The paralegal market has grown as firms have looked to cut costs by reducing trainee intakes. A 2013 work-based learning pilot by Nottingham Trent University, found that paralegals on the pilot held the “same skills and competencies as those who have been through the traditional training contract.” (18 Apr 2013)