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.
Freshfields Bruckhaus Deringer has revealed a retention rate of 82 per cent, keeping 37 of 45 autumn 2014 qualifying trainees.
The firm is keeping on fewer trainees than it did last autumn, although it has achieved a slightly higher rate due to a lower intake, when it took on 39 of 48, or 81 per cent, of its trainees as newly-qualified (NQ) lawyers.
Freshfields offered positions to 38 of the 45-person cohort, but one trainee chose not to accept their position.
It is the second of the magic circle to release its retention for autumn 2014. Linklaters revealed a rate of 93 per cent last month, keeping 53 of 57 trainees (23 July 2014). Freshfields’ rates are generally positive when compared to the three other firms.