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Hogan Lovells posts 79% spring retention rate

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Transatlantic giant’s corporate group will take the lion’s share of NQs

Hogan Lovells has retained 23 of its 29 trainees due to qualify this spring.

The firm, which offers around 60 training contacts annually, has confirmed that from a qualifying cohort of 29, 26 trainees applied for full-time associate positions. With Hogan Lovells making 23 offers, all which were quickly snapped up, this equates to a solid spring retention score of 79%.

The transatlantic giant has confirmed that nine newly-qualified lawyers will join its corporate group, seven will be heading to the litigation, arbitration and employment team, six to its finance team, and one to the outfit’s government regulatory practice. According to Legal Cheek’s Most List, the NQs will trouser £71,500 a year.

Today’s retention news marks a slight drop on Hogan Lovells’ autumn 2016 performance, when it retained 80% — or 24 out of 30 — of its qualifying trainees.

Hogan Lovells is now the seventh firm to reveals its spring 2017 result. Kicking off the new retention season back in December, elite magic circle firm Slaughter and May unveiled a perfect 100% score, with all 25 trainees opting to stick around post-qualification.

Retention results quickly followed from White & Case (88%), Trowers & Hamlins (93%) and Mayer Brown (100%).

Last week, unable to match its magic circle counterpart, Clifford Chance revealed a disappointing retention result. From a training cohort of 46, 43 newbies applied for full-time positions. The firm — which takes around 80 City-based trainees annually — confirmed it made 33 offers, with 31 accepting, equating to a spring score of just 67%.

And on Tuesday Berwin Leighton Paisner (BLP) confirmed an equally disheartening result. Retaining 11 of its 20 young lawyers, this gives the international firm a retention outcome of 55%.

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9 Comments

Irwin Mitchell Trainee/Slave

please.

(0)(3)

Anonymous

Dead

(1)(0)

Anonymous

It’s a pretty mediocre and incredibly bureaucratic place to work really. The business services, particularly the HR and citizenship / CSR departments are both literally states within the state. The general impression among the lawyers was that the CSR people in particular get way too much funding and wiggle room, which allows them to pursue all these initiatives and silly corporate-feel-good projects only then to bother the lawyers with compulsory attendance.

All that said, most of the people there are nice though and OK to work with.

(6)(2)

Anonymous

Agreed. It’s incredibly annoying. The secondments are good too though. I did mine in Dubai and it was great!

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Anonymous

All law firms are bureaucratic places in which to work.

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Anonymous Coward

But then you have to work at Hogan Lovells after you qualify 🙁

(2)(2)

Anonymous

still better than a boiler room like Irwin Mitchel or CMS Nabwang, or whatever they’re called these days.

(6)(1)

Anonymous

DWF* > the rest. Embrace the Northern Titan Powerhouse!

*Soon to merge with Irwin Mitchell.

(2)(1)

Anonymous

So HogLove’s 79% is “solid” while HSF’s 77% is treated as low? And that’s not even considering all the variables that affect such figures.
Be cautious about drawing conclusions or you sound silly.

(0)(1)

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