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Eversheds Sutherland retains 45 of 50 NQ solicitors

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24

All on permanent deals

International law firm Eversheds Sutherland has recorded an autumn 2021 retention rate of 90%.

From a cohort of 50, the outfit confirmed 45 newly qualified (NQ) associates were staying put. Forty-one will be based in the firm’s UK office while four will start life as a lawyer in Hong Kong.

The new recruits join teams including company/commercial; litigation & dispute management; real estate; and employment, labor and pensions.

Of those not sticking around, one opted out of the process after securing a role with a firm specialising in music law, and two knocked-back offers to go elsewhere. A further two did not receive offers but have since secured roles at other outfits.

This year’s qualifying cohort comprises 59% female and 17% black, asian and minority ethnic trainees.

The Legal Cheek Firms Most List shows new joiners in London will start on a salary of £82,000, while their counterparts in the regions earn £50,000.

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Separately, Eversheds revealed it has taken on a further 34 NQ associates, via external recruitment, to fill roles across its UK offices.

Lorraine Kilborn, chief people officer at Eversheds, commented:

“We would like to extend a huge congratulations to all of our 2021 trainee cohort, of which we’ll be welcoming many as newly-qualified associates in September. We are delighted this year to have confirmed 79 lawyers across our practice groups in the UK and Hong Kong, and would also like to welcome those who will be joining from outside of the firm.”

She continued: “Despite the disruption caused by Covid-19, our people have shown great resilience, with the need for external recruitment testament to the growth of the firm. We remain committed to retaining and sourcing the best junior talent in the legal market.”

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24 Comments

CM Punk

“Forty-one will be based in the firm’s UK office while four will start life as a lawyer in Hong Kong.”

It’s “as lawyers” – plural dammit!

Charles the Expat, SC

“four will start life as a lawyer in Hong Kong”

Low-tax Asian dream. That’s where it’s all at my boys.

City

“Low-tax Asian dream.”

Income tax in HK is 15%. With the indirect taxes and the huge cost of living, the effective rate of tax in HK is 30%.

You then factor in the loss of professional credibility which comes with working as a lawyer in HK.

All in all, it is not worth it, especially at the start of your career. Best to start in the City. Only if things do not work out there, head somewhere like HK.

lmao

“You then factor in the loss of professional credibility which comes with working as a lawyer in HK.”

Are you high, or just a fresher? 😀

Jem

Sep 8 2021 10:21am: so true. A shame for those sent to Hong Kong.

Who is this guy

Lmao all of a sudden 28 downvotes. Looks like the anaemic trainee coomer is back folks.

Dear Editor

Legal Cheek should start a forum, instead of automatically deleting comments once articles turn 6 months old.

Concur

Agreed. It’s especially infuriating on the Career Conundrums. They might as well just delete the article altogether as it serves no purpose once the comments are gone.

Private Equity Fanatic

TCLA 🤮🤢😰💦😌😤😳🥺😟😲

Anonymous

It’s ok fresher, don’t worry about it. You’ll definitely succeed at your second contract law exam retake. xoxox

Hum

Can’t work out whether the external NQ hires show a firm on the up with growth across the UK, or a Firm that has bled associates in the last year or so

Anonymous

There is a lot of associate flow in a lot of directions. Sparsity of talent and money to throw around.

Anon

Congrats to the lucky 5!

Anonymous

That gender imbalance requires a specialist diversity officer to be appointed.

Anon

I feel for those being sent to Hong Kong. As the saying goes, “Failed in London? Try Hong Kong”. An unfortunate stigma for those young people, right at the start of their careers.

anon

“As the saying goes”

Uh-huh, sure. Back to your Introduction to Administrative Law retakes you go.

Anon 2.0

Why is going to Hong Kong a sign of failure?

Yeah that's right

Haha it’s not. The person commenting (and then furiously upvoting) this utter drivel is just some autistic third rate law student living in his mum’s attic storage who’s never set foot outside of Salford.

Suggest you ignore the tormented soul.

Ex sheds associate

It is the latter

ANON

It is to be hoped that those sent to Hong Kong can return as soon as possible to London, for the sake of their careers.

lmao

Don’t feed the coomer troll kids.

City sol

Sep 8 2021 12:42pm: yes. They should get back to London as soon as possible before too much damage is done to their careers.

Anonymous

Lmao London is such a shithole 😂🤡

Anon

Sep 8 2021 5:22pm: Hong Kong is indeed a professional graveyard and this is not good news for these people; however, it might be they can only do a year or so and return to London, and thereby put their CVs straight.

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