BLP records 70 per cent retention for spring 2016
Berwin Leighton Paisner has kept on 14 of 20 qualifying trainees this spring, giving it a retention rate of 70 per cent.
The firm offered 16 jobs to the 19 trainees who applied, with 14 accepting.
Four newly-qualified (NQ) solicitors each go into the firm’s finance, real estate and corporate, with litigation and corporate risk taking one each.
It is the third underwhelming retention result in a row for BLP, though the firm has posted strong figures within recent memory.
It has retained 222 out of its last 289 NQs – or 79 per cent – over a seven-year period.
Partner Anthony Lennox said: “For this intake, it is particularly pleasing for us to see four of our main practice groups represented with new trainees. Our aim is to offer as many training contracts as possible highlighting our commitment to recruiting the best talent in the market. Our 14 newly qualified lawyers will all help contribute to the firm’s growth over the coming years.”
Last month BLP confirmed it is in preliminary merger talks with US firm Greenberg Traurig. Should a deal be reached it would give BLP a major presence in the US as well as a number of offices in Europe, Asia, Israel and Latin America.