UK trainee retention rates hold steady in 2012
Trainee retention rates at top English law firms remained fairly steady this year, down 1.5 per cent on last year’s numbers to reach 79 per cent in 2012. At the same time, top firms took on 16 per cent more newly-qualified solicitors than in 2011, with 2,620 new lawyers taking on permanent roles at the firms where they trained. comments powered by Disqus
The Chambers Directory survey reports that the rise in qualifying numbers this year is attributable to the fact that many large firms deferred trainee start dates after the global financial crisis, and these deferred trainees are qualifying in numbers now.
This year, the top three law firms for retaining trainees were Bristol-based Burges Salmon, national firm Shoosmiths and private client practice Farrer & Co, which retained all their qualifying lawyers.