Freshfields unveils 84% spring retention score

Magic circle outfit keeps 31 of its 37 NQs

Anglo-German giant Freshfields Bruckhaus Deringer has posted a solid retention score of 84%.

Of the 37 final seat trainees due to qualify this spring, 31 will be staying on as newly-qualified (NQ) associates. The global outfit — which offers around 80 City-based training contacts annually — confirmed that it had made 31 offers, with all accepting.

According to Legal Cheek’s Most List, the firm’s new recruits will start on a very respectable £85,000 a year.

Freshfields — which scored A*s for secondment opportunities and perks in the Legal Cheek Trainee and Junior Lawyer Survey — is now the fourth magic circle firm to reveal its spring score.

On Monday Allen & Overy announced a retention rate of 82%, confirming that 31 of its 38-strong intake had opted to stick around post-qualification. Slaughter and May posted a perfect 100% spring retention score late last year, while Clifford Chance has kept just 67% of its NQs. Of the magic circle, that just leaves Linklaters to announce its result.

Last month Freshfields confirmed it will relocate to a new City HQ in 2021. Ditching its iconic Fleet Street offices, the international firm has put pen to paper on a lease that will see it take over around 300,000 sq ft of office space at 100 Bishopsgate.

For all the latest commercial awareness info, and advance notification of Legal Cheek’s careers events, sign up to the Legal Cheek Hub here.