BCLP retains 14 of 18 UK trainees
One on fixed term deal
International law firm Bryan Cave Leighton Paisner (BCLP) has retained 14 of its 18 UK trainees due to qualify next month.
All fourteen qualify into London with a further rookie making the switch from the firm’s Hong Kong office. Two trainees in Manchester secured roles elsewhere.
In terms of practice areas, five join litigation & investigations, five qualify into corporate & finance transactions and a further five start lawyer life in real estate.
With one new recruit on a fixed term deal, this hands BCLP a UK retention score of 78% or 72% depending on your reading of the numbers.
Head of emerging talent, Chloe Muir, said:
“It’s great to be able to extend a high number of offers to the autumn qualifiers and see a high retention rate in this market. Attracting, developing, investing in and retaining high-calibre future lawyers remains a key priority and commitment for us as a firm.”
Carol Osborne, training principal, added: “I’m delighted that so many of the latest newly qualified trainees have decided to continue their careers with us. We very much look forward to seeing them progress onto the next stage of their legal careers.”
The Legal Cheek Firms Most List 2022 shows the firm’s latest crop of associates will start on a salary of £95,000, up from year two trainee rate of £52,000.
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13 Comments
Kirkland NQ
95k NQ 😆😆😆😆😆
K&E Associate
Just to be clear, this person doesn’t work at K&E. We are actually, for the most part, decent people who don’t go around showing off about our salary (which is market for a US firm). Also I wish I owned a Lambo but I’ll stick with my modest mid range hatchback for now!
Erm
You likely do not work there either, but just to be clear, they are not mostly decent people.
Anonymous
I think the bunching for senior associates is the worse thought! … seven years later and you might earn an extra 30k after tax with 30k extra in bonuses! Versus all in 320k 120k (250k after tax) at Kirkland/Latham/Goodwin/Weil/Akin… and that’s still not enough for a 3 bed in Central London let alone a lambo…
Observer
A lot of departures from their Manchester office recently. Previously had two partners based there, both have left. Both trainees appear to have gone – makes you wonder whether BCLP is gearing up for a Freshfields style exit from the region?
Anon
Are Freshfields leaving Manchester?
Anon
are Freshfields leaving Manchester?
Nona
are Manchester leaving Freshfields?
Server
Yeah but more importantly – do Manchester be leaving Freshfields tho
anal yse
Is Manchester leaving Freshfields?
Regional Hack
I assume both MCR trainees are going to firms with market salaries. Mad that with a fairly small headcount the management think it’s worth sticking to the “wait for the annual pay review” line while junior staff are walking.
Anonymouse
So, the golden question – is Freshfields leaving Manchester in full, or was the mention relating to some roles being outsourced to Eastern Europe?
This is new news, if they are leaving in full.
Anon
Qualifying into real estate this year is like joining the Russian army in 1913.
Comments are closed.