DWF retains 70% of qualifying trainees
DWF has announced that it will retain 70 per cent of its qualifying trainees this autumn, keeping 32 of 46 of its qualifying cohort.
70 per cent is a significant drop from the retention rates of recent years. The firm recorded 100 per cent retention in both 2009 and 2011, keeping on all 16 of its qualifiers on both occasions. In 2010 it retained 17 of 19 and last year it kept on 16 of 20.
The drop can be accounted for by the fact that after a series of mergers the firm has many more trainees than is usually the case. recent mergers include the acquisition of the majority of failed firm Cobbetts in February this year; Scottish firm Biggart Baillie in July 2012; Buller Jeffries of Coventry in April 2012; and Newcastle’s Crutes in Janaury 2012.