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.
US firm Shearman & Sterling is to retain just 64 per cent of its London trainees who are due to qualify in September.
The firm will take on nine of the 14 trainees who are coming to the end of their contracts this year.
Marcus Franks, global HR director, said: “There was stiff competition for available places and we’re sorry to be losing some talented people. We shall, however, try to help them as much as possible with their plans for the future.”
The news comes after the firm retained only two of the four trainee solicitors who qualified in March 2009.
Last year Shearman & Sterling retained six of the seven trainee solicitors who qualified in September as well as the single trainee it had taken on in March.
LG, meanwhile, is keeping on just nine of its 21 qualifiers and Allen & Overy (A&O) has warned its trainee solicitors that it may only keep on 70 per cent of its September 2009 and March 2010 qualifiers (18 May).