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.
Pinsent Masons has revealed a retention rate of 84 per cent.
The top 20 firm will keep on 57 of its 68 qualifying trainees in a newly-qualified (NQ) capacity, including those in its Beijing and Hong Kong offices. Last autumn, Pinsent Masons retained 73 per cent of its qualifiers, holding onto 54 of 74.
Deborah McCormack, senior learning and recruitment manager, said: “It is a sign of the confidence in our business that we have been able to achieve a retention rate of over 80% in what remains a challenging and uncertain market. We were particularly pleased to be able to offer places to both of our trainees in Asia Pacific, which is further evidence of the strong growth of our practice in the region.”
Earlier today, Irwin Mitchell revealed a retention rate of 80 per cent, stating that it would keep on 36 of 45 trainees in an NQ roles. Eversheds also announced its retention rate today. The firm will retain 84.5 per cent, or 38 of 45, of its qualifying trainees.