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Clifford Chance keeps 42 out of 52 autumn NQs

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Magic circle giant bounces back from disappointing spring result

Clifford Chance has revealed a 2017 autumn retention score of 81%.

Of the 52 trainees due to qualify this month, 42 will be taking up newly qualified (NQ) positions. The magic circle outfit — which offers around 80 training contacts each year — confirmed this afternoon that it had received 51 applications and made 42 offers.

Clifford Chance did not reveal the details of which departments its new recruits would qualify into. Legal Cheek’s Most List shows that trainees earn £43,500 in year one, rising to £49,000 in year two. Upon qualification, an associate will start on a salary of £85,000.

Clifford Chance is traditionally a strong retention performer. Last year, it racked up scores of 80% (43 out of 54) and 82% (40 out of 49). However, there was a notable dip in form earlier this year when the firm kept hold of just 31 of its 46 (67%) spring rookies.

The Canary Wharf giant — which scored A*s for its office, perks and secondment opportunities in our 2016 Trainee & Junior Lawyer Survey — is the final magic circle outfit to reveal its autumn result.

Kicking off another retention season, Slaughter and May trumpeted a magic circle-topping 91% score (29 out of 32) in July.

Elsewhere, Allen & Overy kept hold of 40 of its 47 autumn qualifiers, giving the firm a solid 85% result, while Freshfields confirmed Legal Cheek predictions when it posted an uncharacteristically low 66% (27 out of 41).

Finally Linklaters, the largest training contract provider in the City with 110 positions annually, revealed 47 of its 56 September NQs (84%) had put pen to paper on permanent deals.

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25 Comments

Anonymous

What about CMS? How did they do?

Also – how about letting us know details of the Legal Cheek team member salaries? I think it is only right to publish this information considering the emphasis on salaries in your articles.

(13)(8)

Anonymous

why on earth do you need legal cheek salary figures? (apart from your spurious reasoning…)

(9)(3)

Anonymous

It would be interesting to see what Katie King earns specifically. She is a really nice girl.

(4)(5)

Not Brianna

This post has been removed because it breached Legal Cheek’s comments policy.

(1)(3)

Interloper

Unncecessary – as well as being utterly unfunny 😐

(0)(0)

Anonymous

Well the last role advertised was below minimum wage…..

(0)(1)

Anonymous

We need those car crash CMS retention figures for the culture.

(4)(4)

Anonymous

If they aren’t released, how do you even know what they are like?

(1)(0)

Anonymous

Trainees have been trying to get off that ship for months.

(0)(3)

Anonymous

How do you know this?

(2)(1)

Anonymous

I didn’t write the above post, but I know this myself from speaking to various trainees, associates and partners at CMS (well, just one partner).

(0)(0)

Anonymous

I have a crystal ball.

How do you think I know this? Idiot.

(0)(0)

Womble Bond Dickinson money money NQ rich boi

SHIT FIRM, LOLOLOLOL

(1)(4)

Frustrated Writer

Around the corner from Legal Cheek HQ was a small nondescript café, much in the mould of the one used by the task losers on the Apprentice. It was where the team would head for sustenance and occasional team events. Events was a grand term but one Tom and Kate felt they had to euphemistically use to get Alex out of the office so he would talk to them about his issues. Although they would both be traumatised by what they heard, they were too concerned about what would happen if Alex kept his demons inside.

That morning, Tom sat sipping a chai latte. He knew it wasn’t the manliest of drinks, and when he was with his rugby mates would never have been seen dead drinking it, but he enjoyed the gentle tingly flavour, allied with the silkiness of the soya milk. It reminded him in some way of the happy time he had spent in India on his gap year, visiting temples and building wells by day, eating and drinking mysterious and exotic food and drinks made by his host family into the late night. Tom was now on first name terms with the café owner, a squat, genial Italian man named Gino, who would allow Tom to leave his box of Twinnings tea bags behind the counter and his soya milk in the fridge, and would cheerfully have his drink ready for him each morning.

Gazing out of the window on to the car park, filled with transit vans and flatbed trucks bearing the details of an army of tradesmen, Tom felt miserable. Today, like every day for as long as he could recall, he had to write a retention rate article. At first he had enjoyed them. No man had ever got so much child-like delight from using ‘trouser’ and ‘pocket’ as verbs, describing trainees as ‘rookies’ and excitedly calculating the percentage of trainees who had been kept on. He’d proudly announce each percentage, patting the desk with two pencils to make a drum roll before revealing the number, and yelling “ta-da” after, much to Katie’s irritation. He’d secretly printed out each of the articles on thick cream coloured paper he had bought from a local craft shop, laminated them and carefully put them in a faux leather bound folder which he kept under his bed. He read them over and again as he fell to sleep.

Now though, he was finding them a chore. They had become too formulaic. He yearned for the days when he could simply refresh Roll on Friday and cut and paste their articles, or google Lord Harley repeatedly. Now, he was sick to death of the “Most List” and didn’t care what department the trainees joined. He couldn’t even be bothered to call the firms to find out.

His protestations to Alex, on the rare occasions when he was in the office, fell on deaf ears. “Just keep them up”. Alex had said, impatiently. “Listen, we are baiting people you know. Getting hits up. Building to the biggy. CMS can’t hold out forever.”. Tom was beginning to wonder if that was true. However many times he harassed CMS’s HR team, hoping for the big score to end his boredom, they wouldn’t reveal, and now he was sure they had blacklisted him as his calls never connected. He had even visited their office, but been hastily escorted away by security.

Tom downed the remnants of his drink, gathered his jacket and hat and passed his cup to Gino, thanking him again. He paused momentarily outside the café before slopping off towards the LC offices.

(220)(3)

Anonymous

Superb, keep them coming.

(31)(3)

Anonymous

Actually, can I demur ? The writing is second rate, pretentious and sneering as far as I can see. Also long-winded, flatulent and boring.

Therefore not good copy – stick with the “soliciting” yeah. Thanks

(1)(85)

Frustrated Writer

Ouch. Noted.

(14)(0)

Sir Geffroy De Joinville

Frustrated Writer. You have talent. But once we know your spiel, you need to précis it.
It is not honorable for a French writer to taunt an individual personally.
For that we have le duel

(1)(3)

Anonymous

Are the MC’s retention rates down due to over recruitment,poor recruitment decisions or trainees wanting to leave?

(1)(0)

Anonymous

dat sweet US $$$$$

(3)(0)

Anonymous

When are they going to hike salaries? CC NQs are still being paid 40% lower than Kirkland NQs…

(0)(2)

Anonymous

get over it, far more respected MC firms (Slaughters, Freshfields etc.) pay the same

(5)(3)

Anonymous

Writing your nabokbles in a different font won’t fix the oil problems

(0)(0)

Anonymous

12:28am, lol.

(1)(0)

Anonymous

How does Clifford Chance compare in reputation to the others, where would it rank ?

(0)(0)

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