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Dickinson Dees' retention rate plummets to 36 per cent

Damning. In a recession, 64% of trainees at Dickinson Dees rejected the offer of a permanent role with the firm. To put this in context, this is the worst retention rate in the country. It is a full 20% behind the next worst firm. The statistics are unequivocal. Trainees are desperate to leave Dickinson Dees. If I was a Dickinson Dees partner I would be very concerned. Management consultants regard trainee retention as a very accurate measure of the health of an organisation. In law firms, trainees are uniquely well informed, spending two years experiencing departments across the business before making an assessment. In the case of Dickinson Dees, the trainees have voted with their feet. Dickinson Dees clearly wanted to keep all of them, but only 36% were willing to remain. Something is clearly very wrong. Why are so many trainees desperate to leave Dickinson Dees?

18-Jul-2011

1:33 pm