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Taylor Wessing keeps 21 out of 23 autumn qualifying trainees

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One associate-to-be is on a fixed term contract

International law firm Taylor Wessing has revealed its autumn retention score.

Of the 23 trainees due to qualify later this year, 21 will be taking up newly qualified (NQ) positions at the firm. With one associate-to-be on a fixed term contract, this hands the 32-office-outfit a score of 87% or 91%, depending on how you read its figures. Taylor Wessing confirmed 21 rookies received offers.

The firm’s new lawyers will be spread across a number of its key practice areas including, banking & finance, corporate technology, private client and real estate.

Legal Cheek’s Firms Most List shows that Taylor Wessing’s newest recruits will see their pay jump from a second-year trainee salary of £44,000 to an NQ one of £71,000. First-year trainees currently earn a salary of £40,000.

Today’s result is a vast improvement on Taylor Wessing’s 2017 result. On that occasion, the top-rated technology practice posted a disappointing score of just 62% (16 out of 26). The firm, which offers up to 24 training contracts annually, reported scores of 77% (17 out of 22) in 2016 and 87% (20 out of 23) in 2015.

The 2018 Firms Most List

Taylor Wessing performed well in our Trainee and Junior Lawyer Survey, scoring A*s for its quality of work, tech, canteen, social life and office. The firm also received A ratings for its training, peer support, partner approachability, work/life balance and perks. It went on to scoop the gong for ‘Best Social Life’ at our awards ceremony earlier this year.

A host of firms have now revealed their autumn 2018 retention scores.

Mayer Brown confirmed a result of 80% (eight out of 10), while magic circle duo Clifford Chance and Slaughter and May posted results of 77% (36 out of 47) and 86% (32 out of 37) respectively. Travers Smith confirmed a perfect score of 100% (21 out of 21), Shearman & Sterling recorded a rate of 85% (11 out of 13) and Burges Salmon chalked up an impressive 96% (26 out of 27).

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15 Comments

Anonymous

Where do the unretained go? (Asking for a friend)

Anonymous

Back to the Cotswolds of course!

Anonymous

The Good, the Bad, and the Unretained.

Taylor Benching

Gotta eat Clen and Tren hard bruh

Anonymous

This is a very nice shop indeed. Good people, reasonable hours, nice offices and great canteen.

Anonymous

Pay is pretty abismal though. As an NQ who has gone to a good uni and worked hard to get a job you expect that 75k salary.

Anonymous

nah you expect 140k.

IM Trainee

Yeah, after being a partner for a few years you’ll definitely be expecting that.

Trainee Bob

“Worked hard to get a job” – you mean living of mum and dad’s money throughout your LLB yeah? If you want that salary work somewhere where you work the hours to earn it.

Anonymous

Your going to work similar hours at Simmons & Simmons and DLA piper so why not get paid similar? Taylor Wessing underpays just like Clyde & Co.

Anonymous

This is very true. As does CMS.

Anonymous

£63,000 does seem a bit behind the times. You can get £10,000 more now at firms with similar hours – i.e. 1600.

Anonymous

If you work as a trainee at TW are you expectated to take off all your clothes if a partner asks you to?

I know some firms make you have sex with secretaries, but I am not sure if it just rumours.

Anonymous

You are I think, but not in front of everybody. Just in front of them, maybe with a senior associate there.

I know it is a bit odd but nothing to worry about. It feels weird at first but I actually think it is quite nice.

I think I know what you mean about the secretaries thing. I was ages ago and it was a one off at a Christmas party of a firm that no longer exists. You are pretty safe on that one!

Anonymous

Well this is just ridiculous

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