UK firms report NQ retention rates

RollOnFriday is keeping a close eye on the retention rates for qualifying soicitors at leading UK firms. Of those firms that have reported results, Skadden, Howard Kennedy, Burges Salmon, Debevoise & Plimpton, Farrers and Jones Day are at the top of the list with 100 retention, while Mishcon de Reya lurks at the very bottom with just 50%. SJ Berwin, the firm that reported 100 per cent retention during the last qualifying round in March, has confirmed that only 19 of the 34 qualifying trainees are staying with the firm. A spokesperson said that the low retention rate was due to a number of trainees returning from deferrals offered in 2010.

UK firms report NQ retention rates rollonfriday.com Tue, Aug 7, 2012