The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... 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.
RPC has revealed that it will retain 81 per cent of its second-year trainees in newly-qualified (NQ) positions, holding on to 13 of a total of 16.
The top 50 firm will send two NQs to work in its Bristol office, which will start to offer its own training contracts from September, as Lawyer 2B revealed last month (30 July 2013).
The 13 newly-qualifieds will join the corporate, commercial contracts, dispute resolution, insurance and IP departments, among others.
RPC managing partner Jonathan Watmough said: “It’s testament to the rigour of both our recruitment process and the quality of our trainee programme that we’re consistently able to retain a high percentage of our intake each year.
“Given the massive over-supply of aspiring lawyers in the market simply getting a training contract these days is far harder than it was a decade ago, and the bar for qualification is rising year on year.
“We invest a lot of time and energy into our trainees – having spent time with them, I can say with confidence that this represents a key investment in the future success of our firm.”
Last autumn, the firm offered 12 newly-qualified positions to 15 second-year trainees, translating to an 80 per cent retention rate (23 July 2012). In autumn 2011, it achieved a 100 per cent rate, retaining all of a cohort of 13 trainees.