Hogan Lovells reveals 73 per cent NQ retention

Hogan Lovells has announced it is retaining 73 per cent of its September 2012 qualifying trainee solicitors.

The top ten firm is keeping 27 out of 37 of its newly qualified (NQ) lawyers, maintaining the rate achieved this time last year but showing a decline on the Spring qualification rate reported earlier this year.

The firm retained 73 per cent of September 2011 qualifiers, with 24 out of 33 trainees accepting NQ positions at the firm.

Meanwhile, in March 2012 the firm posted a 83 per cent retention rate, holding onto 30 out of a 36-strong cohort.

The news follows Simmons & Simmons and Addleshaw Goddard revealing NQ retention rates for September 2012 of 89 per cent and 84 per cent respectively.

Earlier this year, Hogan Lovells scooped the top prize for its pro bono work at The Lawyer awards in recognition of two innovative projects, which saw the firm assist the Libyan National Transitional Council and Farm Africa (27 June 2012).