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International Edition

Shearman London office keeps on all bar one of September qualifiers

Shearman & Sterling has become the first firm in the City to announce its September retention rates, with the US firm set to retain 11 of its 12 of its qualifying trainees. Shearman has offered 11 positions to its September qualifiers, equating to a retention rate of 92%. All trainees who were offered a job accepted the offer.
2 minute read

International Edition

Trainee retention at UK's top 30 law firms up 10% against last year

Trainee retention rates at the UK's 30 largest law firms have risen across the majority of practices, with the average rate across the group nearly 10% higher than in March 2010. Average retention across the UK top 30 firms stands at 84% when considering the number of job offers against the number of qualifying trainees. This figure drops marginally to 83% when taking into account rejected job offers. This compares with an average retention of just 75% this time last year, when job offers were affected by the prolonged economic downturn.
2 minute read

International Edition

Linklaters and Addleshaws announce retention rates for March NQ intakes

Linklaters has become the latest City firm to post its March retention rates, with 50 out of 60 (83%) qualifying trainees offered a permanent position with the firm. Of the 50 trainees offered a newly-qualified (NQ) role, 49 accepted the offer, resulting in an overall retention rate of 82%.
3 minute read

International Edition

Herbert Smith, CC, Freshfields and Macfarlanes post NQ retention rates

Herbert Smith, Clifford Chance (CC) and Macfarlanes have announced the retention rates for their 2011 newly-qualified (NQ) intakes. At Herbert Smith, 44 out of 48 (92%) qualifying trainees were offered a permanent position with the firm, and of those, 43 accepted, resulting in an overall retention rate of 90%. The top 10 City firm's most recent retention figure is higher than the figure announced in September 2010, when 75% of qualifying trainees were kept on.
2 minute read

International Edition

Norton Rose shifts trainee intake dates and confirms retention rates

Norton Rose is to change the cycle of its trainee intake from January to May, as the City firm announces its latest retention figures for qualifying trainees. This year the top 10 City law firm has had a January intake, but will also have intakes in both May and September. This will be followed in 2012 by a permanent change to intakes in May and September.
2 minute read

International Edition

A&O, Nabarro and Simmons post retention rates for 2011 NQ intakes

Allen & Overy (A&O) has become the latest City firm to announce its March retention rates, with 56 out of 64 (88%) qualifying trainees offered a permanent position with the firm. Out of the 56 trainees to be offered a newly-qualified (NQ) position, 54 accepted the offer, resulting in an overall retention rate of 84%. The magic circle firm's most recent retention figure is slightly higher than the figure announced at the same time last year, when only 83% of qualifying trainees were offered a position and 80% were retained.
2 minute read

International Edition

Camerons' March retention to fall to 63%

CMS Cameron McKenna is set to take on only 63% of its trainees due to qualify in March 2011. The firm has 19 vacancies across its UK offices but has a 30-strong intake due to qualify as solicitors in its City headquarters.Sixteen of the positions are in London, with the remainder split between Edinburgh, Aberdeen and Bristol respectively.
2 minute read

International Edition

DWF keeps on 89% of newly-qualified lawyers in 2010 trainee intake

DWF has kept on 16 of 18 newly-qualified (NQs) lawyers in this year's intake, equating to a retention rate of 89%. The firm, which runs just one trainee intake per year, offered all 18 trainees a role at the firm, with two opting not to accept. Six of the NQs will now be based in the firm's LManchester office, with five in Liverpool, four in Leeds and one in London.
2 minute read

International Edition

Top 30 trainee retention returns to more than 80% as economy turns

Trainee retention rates at the UK's leading law firms are recovering strongly this year as activity levels begin to pick up in the wake of the downturn. The average retention rate for September intakes across the UK top 30 firms currently stands at 81%, an improvement of seven percentage points on September 2009, based on the number of qualifying trainees due to remain at their firm.
2 minute read

International Edition

CC increases retention rates to 79% for September qualifying intake

Clifford Chance (CC) has improved its trainee retention rates with 79% of September qualifiers due to remain with the magic circle firm. The offer rate at the firm stood at 82%, as CC offered 60 jobs to 73 qualifiers, from which 58 have accepted a role with the firm. The numbers mark an improvement of almost 10% on the rates at the City giant in March this year and in September 2009, when the retention rate stood at 70% on both occasions.
2 minute read

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