International outfit’s London office racks up 81% retention score
Baker McKenzie has kept hold of 13 of its 16 newly-qualified (NQ) lawyers.
The international outfit, which has 76 offices across 49 different countries, has revealed it made 13 offers, with all accepting. This equates to a solid spring 2017 score of 81%.
Having recently undergone a rebrand and dropped its ampersand, Baker McKenzie confirmed that its tax, corporate and employment teams will gain two NQs each. Its banking, IT/commercial, IP, disputes, and pensions divisions will all acquire a new associate. According to Legal Cheek’s Most List, the young lawyers will start on a salary of £72,000.
Commenting on today’s result, Baker McKenzie’s trainee principal Arron Slocombe (pictured below) said:
As a firm, we pride ourselves on attracting and investing in the best and brightest talent and we’re delighted to have once again been able to make offers to such a high proportion of our trainees.
Today’s result marks a slight drop on the firm’s autumn 2016 performance. On that occasion, again from a qualifying cohort of 16, Baker McKenzie hung on to 14 of its newbies (88%).
The firm — which offers around 30 training contracts annually — performed well in Legal Cheek’s 2016 Trainee and Junior Lawyer Survey. Racking up a host of A*s and As, it went on to bag gongs for ‘peer support’ and ‘social life’ at our awards show in the City last month.
Baker McKenzie is one of a number of outfits to reveal its spring 2017 score.
In March CMS Cameron McKenna, Nabarro and Olswang, all firms due to merge next month, unveiled a combined result of 76%. Others to trumpet their retention rates include Slaughter and May (100%), Linklaters (86%), Allen & Overy (82%), Clifford Chance (67%), Freshfields Bruckhaus Deringer (84%), Norton Rose Fulbright (83%) and Osborne Clarke (100%).
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