Slaughter and May and Nabarro improved their trainee retention figures this month with the latter firm retaining 89%, while the Magic Circle firm posted a 95% retention rate.
The first to announce this year was Slaughter and May, which said 38 of the firm’s 40 qualifying trainees accepted newly-qualified positions, for a retention rate of 95%. Trainee recruitment partner Robert Byk said this high score ‘underlines our focus on recruiting for the long term future of the firm’.
The intake is an improvement on its autumn 2015 figure of 33 of 37 trainees, and ahead of its 2015 spring intake when 88% of a 42 strong cohort accepted offers.
Meanwhile Nabarro is to retain eight of its nine trainees, which is a retention rate of 89%, improving on its autumn figures when it kept only 77%, or 10 out of 13 of its trainees.
The firm kept on a trio of real estate lawyers, two in the funds and indirect real estate practice as well as lawyers in the banking and finance, corporate and intellectual property teams.
Nabarro graduate recruitment manager Mel Brooking said: ‘We work hard to give our trainees a positive experience of Nabarro across six seats, so it is always a pleasure to see a high proportion choosing to qualify with the firm.’
Our sister website The Lex 100 has created a retention rate table which will be updated as more figures are announced.
daniel.coyne@legalease.co.uk