UK firms show strong trainee retention, despite fragile economy
The figures on trainee retention in the UK are beginning to emerge, revealing relatively high retention despite widespread concerns about the fragility of the economy. Roll on Friday reports that SJ Berwin will keep all eight of its March newly qualified lawyers, a significant improvement on the 67 per cent retention of its last round. Allen & Overy scored well with 89 per cent (keeping 51 out of 57 trainees) and so did Freshfields (41 from 46). Both firms would have reached 90 per cent retention but for one associate at each firm turning down their offer of employment. Berwin Leighton Paisner has 88 per cent of trainees staying on with the firm, while Stephenson Harwood, will keep five out of six qualifiers (83 per cent), and Norton Rose retains 18 of its trainees (78 per cent).
UK firms show strong trainee retention, despite fragile economy rollonfriday.com Fri, Jan 27, 2012