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Berwin Leighton Paisner has revealed that it will retain 18 of its 21 trainees, giving it a retention rate of 86 per cent and fulfilling its promise to “bounce back” following disappointing retention in spring.
This is a vast improvement on the top 20 firm’s previous two retention rounds. Last spring the firm kept on just 14 of 22 trainees (25 January 2013) while last autumn it retained 16 of 20 in newly-qualified (NQ) positions (27 July 2012).
In spring 2012,15 of 17 trainees accepted jobs with the firm (19 January 2012) and in both 2011 intakes 19 of 20 trainees found permanent employment at BLP (2 August 2011).
Claire England, graduate recruitment manager at BLP, said: “We invest heavily into our trainees to ensure they have the best possible start to their legal career. This includes working on real projects from the outset, comprehensive training including a tailor-made legal practice course, and facilitating a breadth of experience by rotating our trainees through four six-month seats in different parts of the business.
“We expect our trainees to shape the long-term future of the firm, and our retention rate for September 2013 reflects how seriously we take investing into the pipeline of future talent at BLP.”
The results follow an 8 per cent turnover rise for BLP in 2011/12 from £228m to £246m, significant international expansion with the opening of two offices in Germany and one in Hong Kong, and over 30 partner hires last year.