Another autumn, and once again the predictions of doom about the NQ market have proved ill-founded… or have they? Burges Salmon, Ashurst and White & Case can all feel pleased with their graduate recruitment and retention efforts, having managed to keep 100 per cent of their trainee qualifiers this September. Herbert Smith Freehills and Freshfields […]
Linklaters is retaining 46 of its 59 qualifying trainees for this autumn round, posting a retention rate of 78 per cent. No qualifiers will be kept on fixed-term contracts (FTC) unlike the previous round this year where one was offered an FTC. Eleven of the qualifiers were also part of the cohort transferred over from […]
Freshfields Bruckhaus Deringer and Slaughter and May have released their retention results for the September cohort, achieving 86 per cent and 84 per cent respectively. There are 37 trainees staying on in newly-qualified positions at Freshfields out of the 43-sized cohort. Slaughters is keeping one fewer trainee from the same sized batch of trainees, meaning […]
Magic circle firm Clifford Chance will keep 42 of its 56 qualifying trainees this September, meaning its retention is 75 per cent. A total of 54 trainees applied from newly qualified (NQ) positions at Clifford Chance, meaning just two chose not to remain at the firm. There were 44 offers made to the soon-to-be qualified […]
In its first round of qualifiers as a newly-merged firm, A&O Shearman has retained 37 of its combined cohort of 56 trainee solicitors. A total of 48 trainees applied to qualify at the firm, but only 39 were made offers, with 37 accepting. Retention is therefore posted at 66 per cent, with no qualifiers on […]
We’ve just launched Partnerless, a new email specifically for associates. Sign up here for weekly career intelligence and market chatter. Bryan Cave Leighton Paisner has finalised its trainee retention figures following months of extended efforts to find additional spots to keep on more of its spring cohort. In the end, only 29 per cent – four of 14 […]
Slaughter and May has retained 35 of its 37 final-seat trainees, giving it a retention rate of 94.6 per cent. It puts the firm behind only Herbert Smith Freehills in terms of the spring trainee retention round. After Slaughters, Freshfields is the best performing magic circle firm, with 84 per cent retention. Spring 2024 retention […]
Given the time, money and effort firms put into training up the next generation, it comes as a kick in the teeth when a fresh-faced NQ takes their ass elsewhere. But while firms might be able to shrug off a one-time dip in trainee retention rates, a sustained downward spiral could be cause for concern. […]
Clifford Chance will retain 40 of its 56 final-seat trainees in newly-qualified (NQ) roles this spring, giving it trainee retention of 71 per cent. While 52 trainees applied for roles only 44 were offered positions, with 40 accepting, hinting at a situation where not enough jobs in favoured departments were on offer, although the firm […]
Allen & Overy has kept 30 of its 39 qualifying trainees in newly-qualified (NQ) roles. The firm said that 36 trainees applied to qualify, with the firm making offers to 33 of them. Of those, 30 accepted a position at A&O, giving the firm a retention score of 77 per cent. None are on fixed-term […]
Trainee retention season is now in full swing and if you want to see who’s done best at hanging on to this year’s crop of junior talent you can check out The Lawyer’s live blog for regular updates. But we want to concentrate on just two firms for the moment. Clyde & Co and Mills […]
All the latest from the 2023 retention rounds. For our 2022 live blog go here