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White & Case unveils 88% spring retention score

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US titan’s London office confirms it has taken on a second KWM trainee

White-case

New York-based megafirm White & Case has unveiled a London spring retention figure of 88%.

The firm — which offers around 50 training contracts annually — has revealed that of its 17 spring qualifiers, 15 have committed their future to the firm.

Equating to a spring retention result of 88%, today’s news marks a notable improvement on the outfit’s disappointing 75% autumn score, when it retained just 15 of its 20 newly qualifying (NQ) lawyers.

The US titan’s London office performed well in Legal Cheek’s Trainee & Junior Lawyer Survey. Scoring As for training, quality of work and perks, it is perhaps unsurprising so many of its young lawyers decided to stick around. It probably also has something to do with the fact these new associates will start on a very respectable £90,000 a year.

Commenting on today’s solid result, White & Case training partner Justin Benson said:

The demand for English law qualified lawyers continues to grow in London and across our offices globally, and consistently high retention rates in London reflect the quality of our trainee programme and our success in recruiting, retaining and nurturing the very best young lawyers.

The firm has also confirmed that it has taken on a second trainee from the now defunct UK, Europe & the Middle East (EUME) arm of King & Wood Mallesons Global (KWM).

Having officially entered into administration on 17 January, Legal Cheek reported yesterday that all of the firm’s stranded trainees have now landed training positions at other firms.

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27 Comments

AG Diversity Hire

My supervisor just unveiled his “little tribe”.

(3)(3)

Anonymous

I demand they change their name to Non Binary Race and Case #checkyourwhiteprivilege

(10)(5)

Trainee

#HatersMad4WhateverReason

(4)(0)

Anonymous

An awful, cut-throat place to work at, but the money is good and hopefully it’ll be an equally good stepping stone for the ultimate dolla…

#kirkland180kbaby

(4)(6)

Anonymous

Kirkland nearly won the Golden Turd.

(7)(3)

Anonymous

Heh. £140k > rest of London law firms.

(5)(4)

3PQE

The kind of people who K&E hire at trainee/junior level don’t care. They are willing to chop their fingers off for money. Those who are not of that ilk leave quite quickly, usually <18months (excepting trainees, who will generally accept NQ positions but are long gone by 1-2PQE).

You will be be used, abused and beasted to within an inch of your life. This is common knowledge. For this reason, many fewer people (at associate level) want to work at K&E than you law school kids perhaps imagine. This is also the main reason why the firm's management offer market-topping pay. It would otherwise be insane to accept a job there.

Quality of life issues may seem irrelevant to you guys right now, because you lack experience. No scorn here; I was the same. You will find out soon enough.

(19)(1)

Anonymous

Are you saying that Kirkland will work you harder than Weil/Ropes/Akin Gump/Sidley?

I find that hard to believe..

(3)(1)

Adam Deen

I’m at Jones Day and we get paid top dolla without being gimped out.

I even work from home one day a week. Working the secretary that is, lolol.

(1)(0)

Anonymous

Who knows? We were talking about Kirkland, which is an exceptionally tough place. From what I hear, and I have spoken to partners who should know, you need to be as tough as they come to last there.

I don’t know how closely the other firms compare, but my guess is you will be t

(1)(1)

Anonymous

….but my guess is you will beasted very hard at any elite US firm. 2500 billables are par for the course in a busy corporate/banking department. So yeah, to the extent that you do not care, by all means choose the highest payer.

(2)(1)

Anonymous

Ultimate dolla is being an equity partner at a decent shop, not gagging on the sweaty chode of some Jabba the Hutt lookalike from Cleveland for an extra 30k.

(5)(0)

TheMegaLolz

Heh, good luck with bagging full equity at a decent City shop mate.

(1)(0)

Anonymous

Not saying it’s not hard. You need to be good, ruthless and get a certain amount of luck. That doesn’t change the fact that if you want the ultimate dolla in City Law you need EQT at Slaughters, Skadden etc., not Senior Associate at Kirkland.

(2)(0)

Anonymous

It would be good to get a breakdown of what departments they qualified into.

(2)(0)

Anonymous

“The newly qualified lawyers join global practices including Banking, Capital Markets, Commercial Litigation, Financial Restructuring & Insolvency, International Arbitration, Mergers & Acquisitions and Tax.”

(2)(0)

Anonymous

When are 2017 wage increases announced?

(1)(0)

Future Trainee

The £90k NQ salary is so 2015! They need to increase this shizz! How can Sidley Austin be paying more than us

(3)(0)

Anonymous

US firm pay has become so stratified – Orrick is still even on £75k – around MC levels. Then you have firms like Shearman, Covington and Ropes on £95k, and then a handful at random numbers between £110 – 124k, and then Kirkland and Akin Gump on $180k. I really don’t understand a reason for the differences, has it always been this random?

I suppose salary reviews are a long internal process and the US market pay may level out at more even levels at some point.

(0)(0)

Anonymous

It’s easy: some shops are simply better than others. You can’t seriously compare a firm like Orrick with a titan like Kirklands. Ditto for Jones Day or Mayer Brown or Reed Smith (63k lol), all lagging behind.

(3)(3)

Anonymous

By your analysis Kirkland and Akin Gump are “better” shops than all the others? That simply isn’t true. Even if you took profits into account, there are firms paying less which are as or more profitable than Kirkland and Akin Gump. Plenty of the US firms paying between £90k-£140k are comparable on most metrics.

(2)(0)

Anonymous

Probably, but their distributions must be such that they don’t want to chip in further dollar to match two odd US firms in the City. I’d also suggest that several of the ‘lower’ paying US firms have far greater intakes and already sweat their associates like there’s no tomorrow, so not sure if they’re willing to increase their overheads for effectively no reason.

In the end of the day people will still flock to Jones Day or White & Case in droves, regardless of whether they pay 90k or 140k.

(4)(0)

Anonymous

Eversheds apparently upped NQ salaries to a eye-watering £64k! Rejoice, O faithful toilers!

(5)(0)

LL and P

This literally made me lol. The shed is literally like that old stray dog on three legs, but it won’t die. It will outlive us all.

(4)(0)

Anonymous

Sheds paying more than Reed Smith is a bit of a joke…

(3)(0)

Anonymous

Nah mate, RS is a joke.

(2)(2)

Anonymous

Where do you train mate?

(2)(0)

Comments are closed.