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Hogan Lovells keeps 20 out of 29 autumn NQ solicitors

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Two on fixed-term contracts

Hogan Lovells’ London office

Hogan Lovells has today revealed its autumn 2020 trainee retention score.

Of the 29 trainees who qualified last month, 20 accepted newly-qualified (NQ) solicitor roles. Hogan Lovells confirmed it received 28 applications and made 20 offers. With two NQs on fixed-term contracts, this amounts to an autumn retention score of 69%, or 62%, depending on how you interpret the figures.

Seven qualify into the firm’s litigation, arbitration and employment group, four join corporate, while a further four commence lawyer life in finance. Global regulatory gains three NQs and one joins the firm’s IP and technology transactions team. The final rookie joins the firm’s international group in Paris.

The 2021 Legal Cheek Firms Most List

Legal Cheek‘s Firms Most List shows Hogan Lovells’ new talent will start on a salary of £85,000 after the firm took the decision in June to trim pay packets to negate the financial impact of the coronavirus pandemic. Prior to the pay cut, the NQ base rate was £90,000.

Today’s low result aside, Hogan Lovells is traditionally a strong retention performer, regularly posting results around the 90% mark.

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14 Comments

Trainee

Chambers Student has their spring results at 74% (LC still hasn’t published those). Grim year for HL trainees.

(30)(1)

Chris

They cut their annual trainee intake from 60 to 50 last year – hopefully, this won’t be a problem for future joiners.

(3)(2)

Tom

So lack of work in certain practice areas, a mismatch between number of trainees and roles actually available, hedging against a future downturn etc have absolutely no role to play?

Lucky for you your lack of contextual and commercial awareness didn’t hold you back, but perhaps it wasn’t spotted when you were doing all that photocopying.

(33)(1)

G

Wait until there’s another market crash. During the GFC half the associates were shown the door and some of them were very good just happened to be in the wrong place at the wrong time.

(4)(1)

an0n

So qualify into resilient areas then: fund formation, advisory, etc.

(1)(6)

tolchok

Lmao yea fund formation sure, piss off mate 😀

(0)(0)

Anon

Travers and Macs > HL

(21)(21)

Captain Obvious

In other news water is wet.

(15)(5)

HL Trainee

Not very obvious though, HL is internationally more well known and has a wider breadth of expertise than both TS and Macs

(11)(5)

anon

Phat whackkk?

(1)(1)

hoglove homeboi

Thicc waddd

(4)(1)

Mark

Did a vac scheme there. Fabulous firm for the people, genuinely nice and beautiful offices. Yes salary is lower, and not as many tier 1 practices, but if you intend to stay there for your entire career, it’s a perfect place. If you are gunning for the money or to train in tier 1 and then trf to a US or higher paying firm or another jurisdiction, you could do better.

(3)(2)

Curious

Out of curiosity, which US law firms have more tier 1s than HL? I hope you are not one of those who thinks PE is the most glorious practice area and everything else is trash.

(6)(1)

anon

PE, funds, lev fin are the only glorious ones.

(0)(2)

Comments are closed.

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