The deal was the first 'big money' move of the transfer window, after Kenny Dalglish brought the England U21 international to Anfield for a fee that could rise to £20million - and understandably there is an element of expectation that comes with such a hefty price-tag.
But the 21-year-old midfielder has shown signs of improvement, and has received the backing of Reds teammate Lucas Leiva - who is certain that once Henderson has grown in confidence, he will start to turn out better performances.
"I don't blame the young players because I have been in their position for a few years," the Brazilian said, reports The Guardian. "He is English and has already adapted to the Premier League.
"But to change your club and move to a big place like Liverpool is difficult. I think he is playing well. He will get confidence when he gets more minutes and understands the role he needs to do more.
"We just have to keep encouraging him and give him the confidence to keep improving."
Lucas can relate to the difficulties faced if a player fails to hit the ground running at any new club, but says there is even more pressure at a massive club like Liverpool.
After enduring a slow start to his own career on Merseyside, Lucas has come on leaps and bounds, and was voted the fans' player of the year last season for his committed on the pitch performances, and urged Henderson to take inspiration from that.
"We can see he has the attributes to be a good player but he is still very young and we just have to give him time and be patient," he continued. "Then we will see he is a good player.
"We can see in training that he likes to work hard and that is the main thing.
"As long as you are working hard every day, your opportunities will come. He will be ready to show his best form if we don't rush him and give him time to settle."