The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. 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.
Magic circle firms are continuing to take on a high proportion of trainees despite the economic turmoil and redundancies, The Lawyer can reveal.
Linklaters, which was revealed last week to be trimming its partnership by up to 70 (see story), is set to keep on 84 per cent of trainee solicitors due to qualify in March, excluding those who resigned before the qualification process started. If those trainees are included then the number drops to 79 per cent or 59 out of 75.
Allen & Overy, meanwhile, boasted a 91 per cent retention rate with 51 out of 56 trainees being offered newly qualified positions. One trainee decided not to apply for a newly qualified position.
Elsewhere, Addleshaw Goddard has announced it is to take on five of its six trainees, or 83 per cent, it revealed today.
HR manager Nicky Lawson said only one of the six had not been given a role in his or her first choice department, adding: “to be honest everyone is being quite pragmatic about where they go. One trainee has ended up in a place he initially didn't think he'd go into, but is happy with it.”
The latest announcements push the average retention rate further above 80 per cent, as reported in The Lawyer earlier in the month (see story, 12 January ).