Solid scores from global duo
Hogan Lovells and Eversheds Sutherland have posted their autumn 2017 retention results.
First up, Hogan Lovells. It confirmed that 24 of its 30 trainees due to qualify this September have opted to stick around, giving the outfit a solid 80% score. The firm’s newly qualified (NQ) lawyers will start on a recently increased salary of £75,000. Its trainees currently earn £44,000 in year one and £49,000 in year two.
Ten NQs will join the firm’s corporate group, while eight are finance bound, four are heading to litigation and employment, and one to intellectual property. The remaining lawyer is joining Hogan Lovells’ Singapore office.
Among the firm’s new recruits is a former King & Wood Mallesons (KWM) trainee. Following the collapse of KWM’s UK, European and Middle East (EUME) arm earlier this year, a host of City outfits came forward to help its 60 or so stranded trainees in a rescue mission first revealed by Legal Cheek.
Hogan Lovells, which posted a spring retention score of 79% (23 out of 29), has 49 offices in 26 countries, and offers around 60 training contacts each year. It performed well in our Trainee and Junior Lawyer Survey, racking up As for, among other things, training, quality of work and peer support.
Meanwhile, Eversheds Sutherland — recently formed through a transatlantic merger between UK-based outfit Eversheds and US law firm Sutherland Asbill & Brennan — has chalked up a 80% retention score.
From a qualifying cohort of 55, the firm confirmed that 44 had put pen to paper on associate deals. Eversheds Sutherland’s new lawyers will be spread across a number of the its UK offices including London, Cambridge, Birmingham, Cardiff, Manchester, Newcastle, Nottingham and Leeds. London NQs will start on £64,000, while those in the regions will earn £41,500.
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