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Stephenson Harwood retains 92% of autumn qualifying trainees

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All bar one NQ stays put

Stephenson Harwood has today revealed an autumn trainee retention rate of 92%.

All 13 qualifying trainees were offered permanent positions in the firm’s City of London office, with 12 accepting.

The newly qualified (NQ) associates take up roles in the firm’s commercial litigation, corporate, employment and pensions, finance and marine and international trade practice areas. They will start on a recently improved base salary of £75,000, up 3% from £73,000, which can reach up to £97,500 with bonus applied.

Stephenson Harwood finance partner and trainee principal Lisa Marks said:

“Recruiting, retaining and rewarding the best talent is a core value of ours, and a principle which applies to colleagues at every level of their career. Ensuring that trainees have a broad experience — including opportunities to go on client and international secondments — and are supported to reach their full potential, is something we work hard to achieve.”

She added: “These figures reflect the hard work and dedication of these talented lawyers, and of the firm’s approach to trainee development.”

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Today’s score is in line with last year’s autumn result of 90%. On that occasion, nine out of ten rookies were offered and accepted NQ roles at the firm. In spring this year Stephenson Harwood — which offers 20 training contracts each year — posted a perfect 100% score. All eight trainees were kept on which hands the firm a combined retention rate of 95% for 2019.

Stephenson Harwood, which has a strong shipping and insurance focus, performed consistently well in this year’s Legal Cheek Trainee and Junior Lawyer Survey. The international firm, which has ten offices in a total of eight countries, scored As in nine out of ten surveyed categories, including training, quality of work and peer support.

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12 Comments

Anonicock

Horrid shop

(11)(6)

JW

Why’s that? Genuinely interested to know coz im interested in applying there for the vac scheme next year.

(3)(0)

Anonymous

dont, terrible culture from the top and all the junior lawyers are up themselves

(7)(3)

Loz

Terrible culture how?

(1)(0)

Woteva

“All bar one NQ” – did they do a secondment to the pub chain then?

(20)(0)

Anonyman

Deleting comments?

SAD!

(2)(0)

Old and out of touch

I really don’t understand LC’s obsession with retention rates. Genuine question to prospective applicants – do they influence your decision on applying or not?

(2)(3)

Duh

Of course they influence. I am much more encouraged to train somewhere knowing I will likely be kept on NQ level.

(12)(0)

Outraged

Legal cheek now requiring email addresses? No – I do not want to give you my personal data.

(1)(0)

SH Assoc

Their whole PE team from KWM has moved to Proskauer – no point joining,

(2)(2)

Turdboi

What’s a Proskauer ?

(0)(0)

Concerned Bystander

Why are you reporting the Magic Circle salaries headlines with bonus applied, but not here?

(1)(0)

Comments are closed.

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