"The most important factor to take into account is whether the firm can deliver your ambitions. For example, do their largest and most prestigious practice areas match your own areas of interest? It's worth ensuring that the firm is investing in the growth of these areas since it is more likely there will be opportunities to qualify in an area you're really interested in. Check how much input you'll have into the departments (seats) that you see. It's no good joining a firm with a key practice area of interest if you won't have a say over whether you experience it.
Also think about the kind of clients and deals they work on; are they one of the top or mid-tier firms who work on high-value international transactions for global companies? What kind of exposure would you have to high level work and clients as a trainee with that firm?
Finally, consider where they're based and where they have other offices. Are there opportunities to work in any of the other offices? International firms will expect you to have a global outlook and be open to working overseas at some point in your career."
If you are applying for training contracts you should keep an eye on law firm trainee retention rates as they are published. After all, the ultimate goal of completing a training contract is to become a newly qualified (NQ) lawyer so a firm's retention rate may play a role in your decision where to apply.
Addleshaw Goddard and Ashurst are acting as gaming and betting company GVC Holdings launches a proposed £3.9bn takeover of rival Ladbrokes Coral.
The proposed deal, announced 7 December, would create a global online gambling group that the boards of the two companies claim would have strong growth prospects and an enhanced position in some of the world’s largest regulated online gaming markets, including the UK, Italy and Australia.
DiversCity is a unique recruitment event and mentoring programme aimed at raising awareness of pursuing a legal career in the City amongst lesbian, gay, bisexual and transgender (LGBT) students at degree and postgraduate level. This year's event will be held on 4 December. Applications close on Monday 13 November.
Below is a fully interactive table, which shows the pay for those firms who have an extended profile with The Lex 100. If you'd like to compare firm's survey results go to our brand new Law Firm Comparison table or click through to our Firms section for a more detailed analysis of each firm.
Ashurst, Olswang and Hogan Lovells have all published their retention numbers this week, reporting various degrees of success.
For Ashurst’s full Lex 100 2015/16 profile, see here
Ashurst is a ‘market leader in a number of fields’ and handles a ‘broad range’ of ‘high quality work’. The large City player offers trainees the opportunity to represent a ‘high calibre of clients’, and its large network of 28 offices in 16 countries ensures that work with an ‘international focus’ is regularly handled. The firm has a stellar reputation for private equity, dispute resolution and projects work.
Ashurst has retained 95% of its 20-strong second year trainee cohort, with 19 of those in London accepting permanent newly-qualified (NQ) solicitor contracts at the firm.
City firms have landed lead mandates on the administration of beleaguered British tobacco wholesaler Palmer & Harvey (P&H) following the collapse of a rescue takeover by The Carlyle Group.
Ashurst and Hogan Lovells are advising administrator PwC, which was brought in when a sale process that would see US buyout giant Carlyle acquire the ailing business fell over.
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