Olswang

The Legal Cheek View

Financially Olswang has been having a tough time of late, with revenue down 11% this year as rumour mergers continue to swirl around the firm. At the time of writing Olswang was in talks with CMS Cameron McKenna and Nabarro about a potential three way tie-up. So it’s fair to say that there is a bit of uncertainty surrounding the firm right now – and students should obviously bear this in mind as they make their training contract applications.

In its current form, though, Olswang remains a very good place to train. The “genuinely practical approach to training” can “vary from department to department”, but, report current trainees, each seat “provides classes and seminars which assist you in the day to day work performed which is supplemented by plenty of responsibility in the departments.”

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Key Info

Training contracts 9
Latest trainee retention rate 83%
Offices 8
Countries 6
Minimum A-level requirement No minimum
Minimum degree requirement 2:1

Insider Scorecard

Training
A
Quality of work
A
Peer support
A
Partner approach-ability
A
Work/life balance
B
Perks
A
Office
B
Canteen
A
Social life
B
Chances of secondment abroad
C

Grades derived from the Legal Cheek Trainee and Junior Lawyer Survey of over 1,500 trainees and junior associates at the leading UK law firms.

Hours

Average arrival time 9:15am
Average leave time 7:03pm
Annual target hours 1,400
Annual leave 25 days

Money

First year trainee salary £37,000
Second year trainee salary £41,500
Newly qualified salary £61,000
Profit per equity partner £490,000
GDL grant £7,000
LPC grant £7,000

Diversity

UK female associates 58%
UK female partners 26%
UK BME associates 10%
UK BME partners 2%

Universities Current Trainees Attended