London places of work of Jones Day and Covington & Burling preserve all qualifying trainees
Jones Day made 20 gives to the 20 final-seat trainees attributable to qualify subsequent month all of which had been accepted. It isn’t recognized whether or not they have been retained on everlasting or fixed-term contracts.
The brand new associates can count on to earn £100,000 after Jones Day cut London NQ pay by £5,000 final month. That’s nonetheless a wholesome 69% uplift on 12 months two pay which stands at £59,000. First years on the agency earn £52,000.
In the meantime, Covington & Burling will preserve all eight of its autumn qualifying trainees. They’re understood to all be on everlasting offers. NQs at C&B earn £120,000, in keeping with our Firms Most List.
Plenty of legislation companies have announced their autumn trainee retention results previously two months.
Thus far fellow US companies Ropes & Gray and Sidley Austin are the one different Metropolis outfits to put up pandemic-proof scores of 100%, although, admittedly, they do have a lot smaller cohorts. Ropes will retain all 5 of its soon-to-be associates, whereas Sidley will preserve all 11 qualifying trainees. One Sidley NQ is being stored on a six-month fixed-term contract.