Weil Gotshal & Manges retain all trainees
Weil Gotshal & Manges posted a 100 percent retention rate as it announced that it will hire its entire nine-trainee cohort for autumn 2015 as newly qualified lawyers. All nine of the trainees will join the London office and will practice in the reas of banking, corporate, private funds and tax.
Other US firms Shearman & Sterling as well as Latham & Watkins also posted high retention rates. Weil Gotshal has retained 100 percent of its past four trainee cohorts.
Notably, none of the contracts offered were short-term contracts.