Addleshaw Goddard has revealed its trainee retention rate for autumn 2020
Of 37 trainees reaching qualification, the firm is keeping 33 in newly qualified (NQ) roles, with two on fixed-term contracts.
Nine join the corporate and commercial team, eight go to finance and projects and 10 will become litgators. A further five will take up jobs in the real estate department with the final one joining the innovation and legal technology team.
Geographically, 10 of the NQs will be based in London, nine in Leeds, seven in Manchester, five in Edinburgh, one in Dubai and one in Oman.
Managing partner John Joyce said: “Our graduate recruitment team has worked incredibly hard in recent months to ensure that, during what has been a difficult time for the legal industry as a whole, we continue to support the next generation of legal talent, something which is evident in these great retention figures.
“All 33 trainees have displayed incredible talent and a quality of work that fits with the high standards we set for our clients, so I am very excited to welcome them into their new roles, in which I have no doubt they will continue to thrive and bring enormous value to the firm and its clients.”
US firm Ropes & Gray, meanwhile, has retained all five of its trainees as NQs on permanent contracts, with four joining its private equity practice and the other going to the asset management team. Two further trainees qualified this spring, at which point the firm’s base London NQ salary was increased to £130,000 in spring 2020.