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.
Cleary Gottlieb Steen & Hamilton will be retaining all of the trainee solicitors who are due to qualify with the firm this September.
This is the ninth year in a row that Cleary has boasted a 100 per cent trainee solicitor retention rate with all five September qualifiers staying with the US firm’s London office.
All eyes will be on trainee retention rates this year with some senior lawyers fearing a downward trend as the credit crunch continues to bite.
As first reported in the October 2007 issue of Lawyer 2B the average retention rate for September 2007 qualifiers was 82.5 per cent, which represented a marginal increase on the previous year when retention rates stood at 81.2 per cent.