Categories:UK

US firms top London retention rankings

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  • Stats v reality - discuss

    Sorry folks but this really does show how the use of percentage statistics for this type of reporting really doesn't do anyone any favours.

    Compare and contrast Bingham at the top of the table with 100% (for keeping 2 out of 2 trainees) and MoFo at the bottom with 50% (for keeping 1 out of 2 trainees). Unless some proper judgment is exercised regarding when it is appropriate to use percentage figures, the stats simply fail to have any credibility.

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  • Stats vs. Reality

    The interesting stat is that Mofo has been in the London market for nearly 30 years and is only now on the verge of training and qualifying a solicitor. What have they been doing over here?

    To be honest I have never heard of the firm. My trainee says that in addition to the interesting nickname of Mofo they are also known as the Village People. Sometimes I wish my management team were from a village -- erhh, break even point, burn rate, PPP, PEP, traineee programme -- whats that all about?

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