The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Ashurst has revealed a drop in its retention rate to 70.3 per cent, with 19 of its 27 March-qualifying trainees staying on at the firm.
This is the lowest retention rate posted by the firm since spring 2010, when it posted a rate of 67 per cent.
Last summer it announced a retention rate of 83 per cent, keeping 24 out of 29 trainees.
Partner and trainee principal David Jones commented: “Retention rates obviously vary in accordance with business need, market conditions and the individual group although, of course, we do aim to keep on as many qualifiers as possible.”