Scour all good
city firms trainee intake pages and their linkedins and you will find out they are all Oxbridge / Russell Group and top grades...
Not exact matches
With law
firms reining in their
trainee hiring, one
City associate offers tips to those taking their first career steps...
Ropes & Gray and Latham & Watkins have set out plans to expand their
trainee programmes in London, as both
firms post strong retention rates for their autumn qualifying intakes in the
City.
Ropes has retained all five of its newly qualified (NQ) lawyers - the first batch to qualify with the
firm in the
City - with the autumn intake including a number of ex-Dewey & LeBoeuf
trainees cast adrift when the
firm collapsed last year.
Kaplan had deals that covered
trainees from nine
City law
firms and organisations: Bates Wells Braithwaite, Fieldfisher, Holman Fenwick Willan, Ince & Co, Penningtons Manches, the London office of Mayer Brown, Mills & Reeve, Nabarro and PwC Legal.
WHICH female partner at a top
City law
firm was banished to Asia after she was caught having a three - some with two
trainees in the office?
The US
firm is set to take on three
City trainees this September, after five joined from KWM in January alongside six partners and 15 associates, amid the collapse of KWM's European arm.
According to the Byfield research, while almost six out of 10
trainees (58 %) in top
City firms were female, only one in four made it to partner.
A first year
trainee can expect to earn approximately # 20,000 — # 25,000 per year, which is roughly # 10,000 less than what you may receive at a
City firm.
«
City Firms» take in a comparatively large number of
trainees, which can be from 40 to 80 per year.
Research undertaken by Legal Cheek shows Linklaters» London
trainees and junior lawyers arrive at the office on average at 9:14 am and leave at 8:23 pm, which is in line with other top
firms across the
City.
Small wonder, then, that some
City law
firms are pushing for future
trainees to complete SQE1 and SQE2 pre-training contract, as Legal Cheek revealed last year.
According to one
trainee, Fieldfisher has «not bad hours for a
City firm, but it's still a
City firm».
A
firm that doesn't attract the column inches of many larger
City rivals, Trowers did really well in the Legal Cheek
Trainee and Junior Lawyer Survey.
Trainees report being given a «good level of responsibility» and getting «client exposure» but also appreciate being able to work «better hours than in
City firms» in a «less intense» environment.
While the
firm's money is respectable for the regions, where the majority of the
firm's
trainees are based in its Nottingham headquarters, it doesn't compete with
City of London megabucks.
The top 14
trainee starting salaries and newly - qualified (NQ) lawyer salaries in the
City are at US
firms, according to Lawyer2B.
The «hours are getting longer and longer», an insider tell us, with another adding: «I don't doubt that the hours are generally better than
City firms, but there does seem to be a number of
trainees on any given day in late into the night.»
2017 marks a very special milestone for the
firm as it celebrates 250 years since it was founded in the
City of London and we are looking for bright and creative
trainees to join us and -LSB-...]
City firms are offering
trainees cash incentives to defer their places and take a year's sabbatical in response to the recession.
«The standard complaints of a
trainee at a
city firm: the odd all - nighter and spells of long hours if you have taken on too much work as a
trainee.»
Law, investment banking, and banking and financial services employers typically offer particularly generous graduate starting salaries, with most
City law
firms offering first year
trainees up to around # 43,000.
Our
trainees — and our training programme — have been consistently recognised for excellence, too, including winning Best Commercial Awareness Blog at the Legal Cheek Awards 2017 and Best Vacation Scheme — International or
City Firm — All About Law Top Law
Firms.
As such, many
trainees, especially those at
City or Magic Circle
firms, are rewarded with high training salaries.
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