Shearman & Sterling has announced that it will retain 100 per cent of its London trainees who are due to qualify in September 2015, after all 13 trainees accepted positions at the firm. The newly qualified lawyers join a broad range of practices including Finance, M&A, Tax, Antitrust, Project Development & Finance, Asset Management, and Financial Institutions Advisory.
“We are delighted that all of our trainees have been offered, and have accepted, positions within the firm. What is particularly significant about this is that we were able to offer each of them their first choice of practice area on qualification this year - it is a great result, both for them and the firm,” said Mei Lian, Shearman & Sterling’s Training Principal.
“Our ability to hire and retain the best and the brightest, and to enthuse them about a future with us shows just what an exciting business Shearman & Sterling has in London,” said Nicholas Buckworth, London Managing Partner.
Shearman & Sterling retained 75 per cent of its London trainees who qualified in 2014 and 85 per cent in 2013. The programme has been established in the London market for 16 years with most trainees having the option to complete one of their four seat rotations overseas.