Seven out of seven March qualifiers have committed their future to the international firm
Osborne Clarke is the latest City law firm to unveil an impressive 2016 retention performance, keeping all seven of its solicitors due to qualify next month.
Equating to a perfect retention score of 100%, the firm confirmed that the seven associates-to-be will be spread across its three UK offices in London, the Thames Valley and Bristol.
Offering around 20 training contracts annually, the full service firm has bounced back from a disappointing Autumn 2015 performance of just 67%.
Osborne Clarke’s London office will receive three new associates, with two heading to the outfit’s corporate team and one commercial team bound. The firm’s Bristol office will gain three new lawyers, with two joining corporate and one joining commercial litigation. The remaining March qualifier will be based in Osborne Clarke’s banking team in the Thames Valley.
Catherine Wolfenden, the training principal at Osborne Clarke, said:
We’ve always prided ourselves on our trainee programme; trainees are given real responsibilities and independence from day one with regular partner support.
Today’s announcement follows a series of strong retention performances across the City.
New York giants Weil Gotshal & Manges announced a perfect UK retention result of 100% last month. Meanwhile City duo Nabarro and Trowers & Hamlins unveiled strong results of 89% and 88% respectively, and White & Case kept on 87%.
Magic circle player Slaughter and May posted 95%, keeping 38 out of 40 of its spring qualifiers. And international giant Herbert Smith Freehills continued its impressive retention run, posting 94%.