Allen & Overy (A&O) has become the final magic circle firm to announce retention figures for its September 2014 qualifying trainees, keeping on 82% of its cohort, up from 2013′s figure of 72%.

Of the 50 trainees in the intake, 46 applied for positions with the firm, with 43 offers made and all but two of those offered a place accepting.

The result represents a significant improvement after the firm's retention rate dropped from 79% to 72% between its 2012 and 2013 autumn qualifiers.