Monday, 16 February 2015

2015 retentions round up: BLP and Orrick the latest to publish retention figures

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2015 retentions round up: BLP and Orrick the latest to publish retention figures

***23/02/15 Update: BLP figure actually 61% - see Legal Business article here***

Berwin Leighton Paisner (BLP) and Orrick, Herrington & Sutcliffe have become the latest firms to announce how many of their spring 2015 qualifiers they are set to retain, with BLP seeing its rate slip from 89% in 2014 to 70% this year.


BLP made offers to 15 trainees in its intake of 20. Of those, 14 accepted, given the firm a retention rate of 70%. This was a significant drop from the 89% it recorded in spring 2014 – though the firm saw a similar number qualify, 16, with the higher retention rate partially generated by a smaller initial cohort of 18 trainees.

Those looking to qualify at Orrick had different fortunes, with 100% of its small spring cohort being retained. All four of its trainees are accepting newly qualified (NQ) positions at the US-headquartered firm.

Time for a round-up of the 2015 retention rates revealed thus far…

Addleshaw Goddard: 2 out of 4 (50%)

Allen & Overy: 43 out of 46 (93%)
BLP: 14 out of 20 (70%) ***14 out of 23 (61%) - see top of article***
Clifford Chance: 41 out of 45 (91%)
Freshfields: 41 out of 48 (85%)
Herbert Smith Freehills: 39 out of 42 (93%)
Linklaters: 49 out of 54 (91%)
Mayer Brown: 3 out of 5 (60%)
Orrick: 4 out of 4 (100%)
Osborne Clarke: 8 out of 9 (89%)
Reed Smith: 12 out of 13 (92%)
Slaughter and May: 37 out of 42 (88%)
Trowers & Hamlins: 9 out of 11 (82%)
White & Case: 13 out of 13 (100%)

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