Osborne Clarke and SGH Martineau have revealed their retention rates for their autumn 2014 qualifying trainees, making the pair among the last firms to reveal how many trainees they are keeping on.
Osborne Clarke will retain six of nine, or 67 per cent, of its trainees in newly-qualified (NQ) roles. One trainee apiece will go to the following departments: banking, commercial, corporate, employment, projects and real estate. Four of the six NQs were recruited through the firm’s vacation scheme.
Training partner Nick Johnson said: “A fundamental aspect of our training programme at Osborne Clarke is that the trainees can experience real lawyering while finding their niche within the legal profession.
“I’d like to congratulate each and every one of them on arriving at this huge milestone on their careers, and wish them the best success in the variety of sectors that they have chosen.”
Last autumn, Osborne Clarke racked up a retention rate of 100 per cent, keeping on all eight qualifiers. This spring, it also kept on every one of its cohort of six.
Meanwhile, Birmingham firm SGH Martineau will keep on 75 per cent, or six of eight, trainees as NQs. However, one of those is on a fixed-term contract.
One NQ will banking, another will go to employment and another to energy, projects and commerce. One will work in M&A and the remaining two will head to the real estate department. Last autumn, the firm kept on eight of 10 trainees in NQ positions (12 August 2013).