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Two more corporate firms post strong trainee retention rates

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Encouraging figures released by White & Case and Osborne Clarke

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The London office of US firm White & Case is keeping on 100% of its trainees who qualify this spring, while Osborne Clarke will hang on to 89%.

For the former that means 13 out of 13 new qualifiers staying with the firm, where the newly qualified (NQ) salary is a hefty £72,000.

Mid-tier outfit Osborne Clarke, meanwhile, keeps eight out of nine of its rookies. Three of those will be based in the firm’s London office, where NQ pay is £60,000. The other five will be split between Bristol and Reading, and earn £40,000.

The strong retention performance of White & Case — which takes on 30 trainees each year — comes on the back of good 2014 numbers.

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Osborne Clarke’s retention has been less stable, yo-yoing to as low as 67% last autumn. The firm takes on 20 trainees each year.

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Earlier this month Trowers & Hamlins became the first firm to reveal its spring 2015 retention rate, announcing that it is keeping on 82% — or nine out of 11 — of its new-qualifiers.

Further reading

White & Case firm profile [Legal Cheek]

Osborne Clarke firm profile [Legal Cheek]