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Ashurst keeps 18 out of 20 NQ solicitors

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90% autumn score

Ashurst’s London office

Ashurst has revealed 18 of its 20 final-seat trainees are staying put post-qualification.

This hands the silver circle player, which dishes out around 45 training contacts annually, an autumn retention score of 90%. All newly qualified (NQ) lawyers are on permanent deals.

Legal Cheek‘s Firms Most List shows NQs will receive a salary of £84,000, although earnings can swell to as much as £105,000 with bonus applied. Trainees earn £46,000 in year one, rising to £50,000 in year two.

The new recruits will be split across nine key practice groups. They are: corporate transactions (3); disputes (3); real estate (3); financial regulatory (2); global markets (2); projects (2); competition (1); funds (1); and global loans (1).

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“We are delighted to welcome our newly qualified lawyers to the team,” said Ruth Buchanan, employment partner and training principal at Ashurst. “This represents our ongoing commitment to attract, support and retain the very best of talent. We wish them every success in what we are confident will be high performing and successful careers.”

News of the autumn retention score follows hot on the heels of the firm’s decision to ditch A-Level requirements for training contract seekers. Ashurst previously required a minimum of AAB or equivalent.

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13 Comments

Not at Ashurst

Solid result. Great firm

(14)(10)

Assbursts

Lol nope

(10)(11)

Future City Trainee

Despite the ridiculous ‘Kirkland or GTFO’ attitude that seems to have permeated the minds of second year LLB students on LC, I wish I was at Ashurst. Solid reputation and seem like a decent bunch of people.

(35)(5)

lol

How TF do you know?

(8)(4)

Future City Trainee

I have friends there and a broad understanding of the legal market…

(7)(3)

Lool

Comments on here are funny lol

Btw could working at K&E actually mean you could afford Ferrari if you’re not a partner like say 2 PQE?

(1)(5)

Bob

“Hey cool car man what is that, FERRARI?”

First of all…. the brand of choice for those K&E douchebags is the LAMBO.

Secondly… there isn’t just one price for a ferrari or any indication that one must buy “new”.

You can get a used 15 year old 360 Modena for like £50k on ebay motors.

So yes, working at K&E could get you one. As well as most firms in the top 100.

Hell, even at the regional outfit I PA’d at one of the senior associates had Bentley GTC, an E-Type and a Range Rover.

(6)(3)

Mid market Trainee

Serious question how easy is it to move laterally to US/MC/SC from firms such as PM, Dentons, AG?

(7)(5)

US 1PQE

Mate this has been answered so many times

(4)(4)

Kev

If you have experience in the relevant practice areas: funds, restructuring, PE, leveraged finance and are between NQ-4 PQE ISH, pretty easily. If you want to do it straight off the bat at NQ it will be competitive and the closer to 4/5 PQE you are, the more important it will be that you have the specific experience within the e.g. corporate team at Pinsents – you will have to scramble to get the PE work if that’s the move you want to make.

(2)(0)

Fyi

Btw, that is not an exhaustive list definition of “the relevant practice areas”

(0)(1)

Bob

Short answer is it happens

(2)(0)

Obviously

The long answer is – it happens all the time.

Don’t understand why anyone would imagine that midmarket international law firms don’t have lawyers who can/do move to more expensive/higher paying firms.

(1)(0)

Comments are closed.

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