Herbert Smith Freehills, Bond Dickinson reveal retention

Herbert Smith Freehills will keep on 87 per cent of its autumn 2014 qualifiers.

In total, the firm has 47 trainees due to qualify this September. Of those, 46 made applications for newly qualified (NQ) positions and the firm made 41 offers. All accepted.

The result is Herbies’ third strong one in a row. It kept on 90 per cent of its January 2014 qualifiers and 88 per cent in autumn 2013.

However, it has had considerably fewer qualifiers per intake in recent years: for example, its autumn 2013 cohort was half the size of its autumn 2010 one.

In the 11 retention rounds since autumn 2009, the firm has kept on 424 out of 518 trainees, or 82 per cent.

Meanwhile, Bond Dickinson had confirmed that it will retain 18 out of its 21 qualifying trainees, or 86%.

Seven of the qualifiers will join the firm’s Newcastle office – the old headquarters of pre-merger Dickinson Dees. Four will take up positions in the Bristol office, three in Southampton and two each in Leeds and Plymouth. They will join the firm’s real estate, corporate, commercial disputes, planning, insolvency, insurance and commercial teams.

Herbert Smith Freehills’ recent retention rates

Autumn 2014: 41 of 47 (87 per cent)

Spring 2014: 38 of 42 (90 per cent)

Autumn 2013: 30 of 34 (88 per cent)

Spring 2013: 24 of 32 (75 per cent)

Autumn 2012: 45 of 56 (80 per cent)

Spring 2012: 35 of 40 (87.5 per cent)

Autumn 2011: 44 of 55 (80 per cent)

Spring 2011: 43 of 48 (90 per cent)

Autumn 2010: 50 of 67 (75 per cent)

Spring 2010: 26 of 32 (81 per cent)

Autumn 2009: 48 of 65 (74 per cent)

HSF retention 2014