Fieldfisher first to publish autumn retention as CMS finally releases spring result

Fieldfisher will retain all twelve of its trainees due to qualify this September. 

The firm’s intellectual property team will take four newly-qualified solicitors, three will join the technology, outsourcing and privacy group, two go to dispute resolution, while finance, tax, and public/regulatory law each take one.

Fieldfisher training principal Edward Miller said: “Qualification is a huge milestone in the career of every lawyer and I’d like to congratulate all twelve on their qualification. We’re all delighted that they will be staying with the firm and look forward to seeing them progress.”

Fieldfisher NQ retention

The result means that just under one-quarter (24 per cent) of all Fieldfisher qualifiers over the last four years have joined the technology practice, with 15 per cent going into IP-related work and 11 per cent into finance.

Fieldfisher NQ destinationsMeanwhile, CMS Cameron McKenna has revealed it retained 61.5 per cent of its spring 2016 qualifiers.

The firm offered positions to 17 trainees with all but one accepting the job. The 26-strong intake was comprised of 24 trainees based in London and two based in Bristol.

Senior partner Penelope Warne said: “We’re pleased to welcome our 16 NQs who’ve joined our corporate, energy, real estate, capital markets, insurance, TMC and pensions practices. Attracting and retaining young talent remains a key priority for the firm and we’re encouraged to see the quality of individuals coming through.”

The trainee retention rate is exactly the same as the firm’s 2015 spring retention figure, which saw the firm again retain 61.5 per cent of its intake.

CMS’s retention figures have been mediocre in recent years, with the high point being the 84 per cent kept on in autumn 2012. Last autumn the firm saw 38 of its 50 qualifiers take up NQ positions, 76 per cent of the intake. In autumn 2014 the firm retained 41 of its 61 trainees, a rate of 67 per cent. The increased intake size was caused by the CMS’s merger with Scottish firm Dundas & Wilson.

CMS retention spring 2016